Charles Hugh Smith: The Unraveling – How We Faked Financial Wealth and Lost Everything Else (Social Capital, Earth, Etc.)
The Unraveling Quickens Even if we don’t measure the erosion of intangible capital, the social and political consequences of this impoverishment are manifesting in all sorts of ways. The central thesis of my new book Will You Be Richer or Poorer? is the financial “wealth” we’ve supposedly gained (or at least a few of us have gained) in …