"Great Recession" of '09 Will Need New Name After Next Recession
I recently joined CNBC to discuss how the Fed’s policies have sowed the seeds of the next recession.
Click the play button above to watch.
The Federal Reserve’s cheap credit has created massive bubbles in stocks, real estate and other asset classes, producing great “wealth” for many Americans. But as Charles Hugh Smith argues today, America’s true source of wealth, its social order, is rapidly disintegrating.