Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

Yes, Everything Crashed--Just Not For You

When people stop participating in their own servitude, then things change.

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Charles Hugh Smith
Oct 30, 2025
∙ Paid

A dedicated cadre of readers is devoted to reminding me that I’ve been wrong since 2009, as stocks, housing and GDP have all soared. We skeptics and doom-and-gloomers have all been wrong, and when stocks briefly dip, we’re identified as broken clocks--right on occasion but not for being “right.”

These readers are of course doing well. None are in the bot…

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