Charles Hugh Smith
Charles Hugh Smith
I was raised in southern California as a rootless cosmopolitan: born in Santa Monica, and then towed by an upwardly mobile family to Van Nuys, Tarzana, Los Feliz and San Marino, where the penultimate conclusion of upward mobility, divorce and a shattered family, sent us to Big Bear Lake in the San Bernadino mountains.Source
San Bernadino, California
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They're hoping the endless circuses and trails of bread crumbs will forever distract us from their plunder and the inequalities built into America's financial system. The primary story of the past 20 years is the already-rich have gotten much richer, with destabilizing economic, social and political consequences. The Federal Reserve and its army of academic / think-tank / financier apologists, lackeys, toadies, apparatchiks and sycophants have several rather thin excuses to explain this away, including: 1. Gee, wealth/income inequality isn't quite as bad as everyone claims. (Actually,...

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