by Charles Hugh Smith
Of Two Minds
We are entering The Greatest Depression because there is no exit.
I’ve endeavored to explain why The Greatest Depression is unstoppable in recent posts:
The Covid-19 Dominoes Fall: The World Is Insolvent March 16, 2020
Pandemic Pandemonium: The Tides of Globalization and Financialization Reverse March 31, 2020
Here’s Why the Economy Won’t Recover–and No, It’s Not Covid-19 or the Lockdown April 23, 2020
What’s Collapsing Can’t Be Saved: Our Fraudulent Economy April 22, 2020
Why Assets Will Crash May 4, 2020