The Phaserl


We’re in a Boiling-Point Crisis of Exploitive Elites

by Charles Hugh Smith, Of Two Minds:

The “fixes” to the stagnation of postwar Capitalism in the 1970s were financialization, globalism, and the sustained expansion of debt–all have run out of steam.

Many of us have written about cycles in the past decade: Kondratieff economic cycles, business/credit cycles, the Strauss–Howe generational theory (an […]