'Time Is Running Out For Iran': The Market Is Calling 'Bullshit' On Mainstream's Narrative, Hugh Hendry Explains...

Within a day of opening the Strait of Hormuz to commercial traffic, Tehran reclosed it due to the US blockade of Iranian ports. President Donald Trump is preparing for the Navy to begin boarding Iranian vessels in international waters.  In a statement, the Iranian government explained that it reopened the Strait on Friday due to […]

We Want One Solution, But One Solution Can't Solve Our Polycrisis Authored by Charles Hugh Smith via Substack, Whatever the problem, our minds seek one solution--preferably a simple one--to escape the trackless wilderness of complex, inter-connected problems. Problem-solving boils down to identifying the key problem and finding a fix that’s easy to understand and straightforward to apply. Our minds rebel when confronted with polycrisis, a knotted mess of inter-connected problems, and so we apply solutions we already have in hand. As I explained in previous Musings, this leads us to modify our...

When Unfairness Is Systemic, The Consequences Are Flight, Resistance, Revolt Authored by Charles Hugh Smith via OfTwoMinds blog, Now that we've drained the aquifers of a stable society, the replacement form of "wealth" is a delusional credit-asset bubble that generates the illusion of "wealth." Let's weave together two threads that look different: systemic unfairness and civilizational psychosis. As I often note, social species that organize themselves into hierarchies (i.e. primates, including humans) have an innate sensitivity to fairness, as this trait is essential to maintaining social stability, and therefore it has been selected as advantageous. This...