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John Tenniel

Off The Cuff: Tax Donkeys & Debt Serfs

The many are increasingly in servitude to the few
Friday, July 27, 2018, 12:15 PM
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In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

  • Broken Signals
    • We're focusing on the wrong priorities, in the wrong order
  • Dangerous Hubris
    • We've removed critical buffers to risk
  • Tax Donkeys & Debt Serfs
    • The many are in servitude to the few
  • Late-Stage Empire Decline
    • Signs of it are everywhere in our economy & society

Charles breaks down for Chris how the masses are trapped by today's economy, forced to work harder and harder for a system that rewards them less and less, while the elites and unneccessary bureaucracy syphon off what profits remain.

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About the guest

Charles Hugh Smith

Charles Hugh Smith writes the Of Two Minds blog (www.oftwominds.com/blog.html) which covers an eclectic range of timely topics:  economy, housing, Asia, energy, longterm trends, social issues, health/diet/fitness and sustainability and community. He is also a regular contributor here at Peak Prosperity. From its humble beginnings in May 2005, Of Two Minds now attracts some 300,000 visits a month. Charles also contributes to AOL's Daily Finance site (www.dailyfinance.com) and has written multiple books, most recently "The Nearly Free University and the Emerging Economy: The Revolution in Higher Education".

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