Global food production rests on soil and rain. Robots don’t change that. Of all the modern-day miracles, the least appreciated is the incredible abundance of low cost food in the U.S. and other developed countries. The era of cheap food is ending, for a variety of mutually reinforcing reasons. We’ve become so dependent on industrial-scale […]
Charles Hugh Smith
Our Leaders Made A Pact With The Devil, And Now The Devil Wants His Due by Charles Hugh Smith
The unprecedented credit-fueled bubbles in stocks, bonds and real estate are popping, and America’s corrupt leaders can only stammer and spew excuses and empty promises. Unbeknownst to most people, America’s leadership made a pact with the Devil: rather than face the constraints and injustices of our economic-financial system directly, a reckoning that would require difficult […]