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ZH proudly flaunts their bearish bias. The name Zero Hedge really says it all. Their motto, 'On a long enough timeline the survival rate for everybody drops t
by bigbubba 6y ago
ZH proudly flaunts their bearish bias. The name Zero Hedge really says it all. Their motto, 'On a long enough timeline the survival rate for everybody drops to zero', makes this explicit.
- keiferski 6y agoThat's a quote from Fight Club and more of a joke than anything, IIRC.
- bigbubba 6y agoThey obviously chose it because it fits their worldview. Their lack of originality is beyond the point.
- olivermarks 6y agoMost of the articles are written by 'Tyler Durden', part of the 'fight club' philosophy joke.
- keiferski 6y agoRight, so I think looking for a deeper philosophy in the choice of name and tagline is a bit futile. "Tyler Durden" used to be the cool pseudonym to use online circa 2005.
- Dylan16807 6y agoNobody said it was deep. Just that it reflects their attitude.
- dragonwriter 6y agoFight Club, though, was just fancying up and decontextualizing the first sentence of Milton (EDIT: John Maynard, nor Milton) Keynes famous quote: "In the long run we are all dead. Economists set themselves too easy, too useless a task if, in tempestuous seasons, they can only tell us that when the storm is long past the ocean is flat again." I would be very surprised if a financial news outlet choosing the Fight Club quote did so at random and not specifically because of its predecessor.
- keiferski 6y agoWell, if we're going to play the X is really just modified Y game, we might as well go back to the original. One generation passeth away, and another generation cometh: but the earth abideth for ever. The sun also ariseth, and the sun goeth down, and hasteth to his place where he arose. - Ecclesiastes, 300 B.C.E.
- aesclepius 6y agoKing James Version truly is the worst translation you can find of the bible.
- wmwmwm 6y agoMilton Keynes? :)
- dragonwriter 6y agoYeah, that was a great brain-o
- olivermarks 6y agoExactly. They are glass half empty paranoids, as are many traders in financial markets, their primary audience. Most of the corporate media are (sometimes ludicrously) optimistic, the other polarity. I read both.
- dmix 6y ago> Most of the corporate media are (sometimes ludicrously) optimistic, the other polarity. I read both. Unfortunately being wrong on the internet is now becoming long-term grounds to be censored and excluded from mainstream society's systems. Its quite sad really and I don't know what the solution is. One thing that I DO know is that the solution isn't coming from the government. They are terrible at things. Their job should largely be relegated to protecting freedoms and security. This 230 stuff is mostly probably going to backfire and create a less free internet. We don't need more lawyers and more government intervention to internet communication. I do know we have many thousands of people working on solutions to things like Reddit (and Cloudflares) hyper-sensitive long-ago-crosed-the-line censorship, even if censorship is probably a poor world for it given the historical baggage. Although this is the internet and even sights like T_D were almost entirely replaced on a site without Reddit's regulation and controls (a far worse situation in many's eyes) welll before it was banned on Reddit. It's thriving on a domain name I won't mention here. Same with infowars and 8chan, they both quickly found new homes on new places. But there censoring on any major platform and being related to fringe online communities being fringe DDOS protection services and aononimizers (who yes do still get heavily advertised and recruited on Reddit and redirected to these new unmoderated sites, so their censorship policies were always destined to fail). I'm more concern about operating in the real world (VISA/Mastercard, Patreon, acess to advertising monopoly networks like adwords/adsense, etc), less so the online communities where discourse it happening. Reddit's censorship problem will eventually be solved on a wider/easier scale once the engineering work has been put into it. It's probably one of the biggest problem of our current era for those of us who understand the importance of "outlaw thinking", free expression, and those who know the history of how these tools of control are almost always abused and riddled with false positives. The history of those who went against the grain (even if that grain is terribly wrong, wrong things have plenty of other ways to kill off than censorship).