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Bonds, Loans & Derivatives Russia & CIS 2021 – Virtual Conference

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Charles Hugh Smith

Designed To Fail, Failure Guaranteed

Yet it still comes as a great surprise to everyone when ‘doing more of what’s failed spectacularly’ ends up collapsing the whole rotten structure. Systems and nations are designed to fail without anyone even noticing: nobody set out to design the current broken system to fail at critical points, but now failure can’t be avoided

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MC

Speculation Mode: ON

Today is almost three months since I last posted on this blog, and it’s time to put some thoughts on paper again. Standard disclaimer for new readers: email replies containing charts, market history and thoughtful analysis are always welcome. Any responses discussing geopolitical events or theories of how the world should work will be spam-filtered and

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