Charles Hugh Smith: An Excellent Take on Neoliberalism

In today's essay, has a great analysis of neoliberalism in the context of describing "Why the European Union Is Doomed."  While his Austrian influences are brought to bear (e.g., he continues to insist there is a distinction between the Central State and the global cartels; he also uses the term "malinvestment," which I view as an intentional misdirection from the fact what is happening is speculation and not investment in any sense), he basically describes neoliberalism in a nutshell.