Once we run out of buyers of the last resort again, EVERYTHING is going to rewind and revert to the mean, (financial services included.)

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Once we run out of buyers of the last resort again, EVERYTHING is going to rewind and revert to the mean, (financial services included.)
The core problem is the U.S. economy has been fully financialized, and so costs are unaffordable. Click here for more Charles Hughes Smith posts Follow
More commentary from CHS to help you frame your thinking on the direction events have taken. Click here for more Charles Hughes Smith posts Follow
Charles comments more on the unwinding of large distortions within our economy. Be smart and be well, Everyone. Click here for more Charles Hughes Smith
We can anticipate a federal bailout of pension funds and one-time aid to state and local governments, but bailouts won’t repair the eroding foundations of
I’ve followed CHS for many years, and as the rumblings of economic tidings grows, it’s again worth sharing some of his insights. In this piece,