4 ms·
I kinda like the articles on Zero Hedge. Is there a reason people on HN don't seem to like it?
by johnnyb9 11y ago
I kinda like the articles on Zero Hedge. Is there a reason people on HN don't seem to like it?
- mikeyouse 11y agoThey're usually extremely misleading if not completely false. The headlines are all cherry-picked doom and gloom that appeals to the Infowars crowd.. There was a period during the GFC where their reporting was a bit more reflective of reality but it's completely jumped the shark since then. From someone who works in finance, ZH is complete garbage.
- 21 11y agoZH was good in 2009. Then it slowly went downhill. It became an anti HFT/anti Fed site, then a gold-bug site, and now a pro Russia/China outlet. Typical ZH logic: when gold goes up, it's the smart investors noticing the corruption of the "markets" and acting accordingly. When gold goes down, it's the HFTs and the Feds slamming it down because if it goes up it destroys the faith in the US Dollar. If it spikes up, it smart money doing a play. If it spikes down, it's blatant manipulation by someone without a "fiduciary duty" (ie: they imply that the seller doesn't care that he loses money because it sells quickly instead of working the order more slowly)
- adventured 11y agoThey've gone almost entirely anti-China in the last six months give or take. Here's a very extreme example from today: http://www.zerohedge.com/news/2016-03-10/world-economy-wreckers-beijing http://www.zerohedge.com/news/2016-03-10/world-economy-wreck...