The Sample Hour

On this episode of The Sample Hour, I am joined by Charles Hugh Smith, Charles is an author, blogger and entrepreneur. He is the chief writer for the site Of Two Minds.. Started in 2005, this site has been listed No. 7 in CNBC's top alternative financial sites.His commentary is featured on a number of sites including: ZeroHedge.com, The American Conservative and PeakProsperity.com. On this episode of 2 Beers with Charles, Charles Hugh Smith and I begin the podcast by paying tribute to our beers of choice. Charles is enjoying a bottle of Lost Cost Brewery's Indica IPA. While I enjoy one of my favorite Columbus Beers Four String Brewery's Brass Knuckle Pale Ale. Charles and I continue our conversation and discuss the soon to burst housing echo-bubble, the massive outflow of money out of the Chinese economy, why China is selling US treasury bonds, the reason for the Chinese buying US property and homes. We then discuss the concept of Onshoring and how within the next 10 years people will begin to open