Charles Hugh Smith on the New Normal, Systemic Fragility and the New Depression

"A depression was already baked in because we didn't attempt to control or limit any of these extremes that create systemic fragility."

http://financialrepressionauthority.c...

Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to AOL's Daily Finance site and has written eight books, most recently Money and Work Unchained.