Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
The Wile E. Coyote Recession

The Wile E. Coyote Recession

So where are corporate profits going to come from as globalization, price-gouging, planned obsolescence, shrinkflation and immiseration run out of rope?

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Charles Hugh Smith
Apr 23, 2025
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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
The Wile E. Coyote Recession
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We all know there's a time lag between the moment Wile E. Coyote runs off the cliff at full speed and the moment he realizes there's nothing but thin air beneath his feet. His expression in the second before he begins his descent communicates surprise, fear and a woeful awareness of impending impact with unforgiving ground.

This is an apt description of …

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