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I have gone long periods of the last decade of just skimming the headlines and being very selective of what news I consume. I try to stick to news that is somet
by JanneVee 4y ago
I have gone long periods of the last decade of just skimming the headlines and being very selective of what news I consume. I try to stick to news that is something that directly affects me. Then there are periods that I look at news more than just skimming headlines and notice how much is just repetition and how little information is added in each repetition.
The most disturbing fact for me is the thing when news push narratives. One example was the short squeeze on Gamestop. Hedge funds had overleveraged their shorts and people took note. The media was on the side of the hedgefunds glossing over the fact that the funds got caught redhanded with shorting more stock that was available in the liquidity pool. I commented this on one article and a reminder that back in 2008 that this particular news outlet had stories about regulation of stock shorting for these very reasons and that they glossed over the fact that hedgefunds where doing something bad. My comment was removed, but I noticed more than one antisemitic Rotschild banking conspiracy comment just left there to reinforce a narrative that there are people out there talking about "evil jews". News can't be trusted.