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The Conflicts Brewing In America's Ten Classes
The Conflicts Brewing In America's Ten Classes
Authored by Charles Hugh Smith via OfTwoMinds blog,
What we do know is that things have internal structures with dynamics that operate whether we "like" them or not.
Correspondent Manoj S. recommended an essay from the always-insightful John Michael Greer on the dissolution of unproductive classes behind the smokescreen of AI: A Game of Musical Chairs
"You can sell Americans on anything, no matter how wretchedly unsatisfactory it is, by labeling it as progress. That's what's being done now, with AI being used as a justification for...
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Sep 16, 2026 / Tyler Durden
WTF Chart Of The Day: Retail Sales Record High, Consumer Sentiment Record Low
WTF Chart Of The Day: Retail Sales Record High, Consumer Sentiment Record Low
Following last month's ugly decline ("see the consumer is getting crushed because of Trump"), August's retail sales is expected to rebound strongly ("see, Trump's war is causing Americans to spend more on gas and less on Louboutin shoes"). BofA's omniscient analysts agree with consensus, seeing a 0.8% MoM jump...
Quick reality check - July retail sales weakness was driven by a plunge in non-discretionary spending by higher income households...
So, what did August bring?
Headline US retail sales rose a...
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Aug 8, 2026 / Tyler Durden
Student Loan Payments Are Spiking: What Changed On July 1 And What Borrowers Over 50 Should Do
Student Loan Payments Are Spiking: What Changed On July 1 And What Borrowers Over 50 Should Do
Authored by Adam H. Douglas via The Epoch Times,
If you carry federal student loans, July 1, 2026, redrew your map. With last year's tax law changes taking effect on that date, the Saving on a Valuable Education (SAVE) plan was dismantled, and servicers began notifying millions of borrowers to pick a new repayment plan or have one picked for them.
The end of the SAVE plan could raise your student loan payments unless you...
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Aug 5, 2026 / Per Bylund
Inflation and Statistics: Economics Explains Them, Not the Other Way Around
Statistics can be interesting and informative, but only if one can properly understand them through sound economic theory.
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