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Charles Hugh Smith Quotes

The notion that better engineering can solve all our problems is rooted in an ignorance of non-linear systems and selective/wishful thinking Picture Quote #1
One of the dirty little secrets of the stock market rally is that the rising corporate profits that powered it are largely phantom profits. They are artifacts of currency devaluation, not an increase in efficiency or production of goods and services Picture Quote #1
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The notion that better engineering can solve all our problems is rooted in an ignorance of non-linear systems and selective/wishful thinking.  (Charles Hugh Smith Quotes) One of the dirty little secrets of the stock market rally is that the rising corporate profits that powered it are largely phantom profits. They are artifacts of currency devaluation, not an increase in efficiency or production of goods and services.  (Charles Hugh Smith Quotes)