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Politics : Formerly About Advanced Micro Devices

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To: Thomas A Watson who wrote (994108)	1/15/2017 1:55:01 PM
From: gronieel2	Read Replies (3) of 1575420

Zero Hedge is a batshit insane Austrian school finance blog run by two pseudonymous founders who post articles under the name "Tyler Durden," after the character from Fight Club. It has accurately predicted 200 of the last 2 recessions.[citation NOT needed] Tyler claims to be a "believer in a sweeping conspiracy that casts the alumni of Goldman Sachs as a powerful cabal at the helm of U.S. policy, with the Treasury and the Federal Reserve colluding to preserve the status quo." While this is not an entirely unreasonable statement of the problem, [1] his solution actually mirrors the antagonist in Fight Club: Tyler wants, per Austrian school ideas, to lead a catastrophic market crash in order to destroy banking institutions and bring back "real" free market capitalism. [2] The site posts nearly indecipherable analyses of multiple seemingly unrelated subjects to point towards a consistent theme of economic collapse any day now. Tyler seems to repeat The Economic Collapse Blog's idea of posting blog articles many times a day and encouraging people to post it as far and wide as humanly possible. Tyler moves away from the format of long lists to write insanely dense volumes [3] filled with (often contradicting) jargon that makes one wonder if the writers even know what the words actually mean. [4] The site first appeared in early 2009, meaning that (given Tyler's habit of taking a shit on each and every positive data point), anyone listening to him from the beginning missed the entire 2009-2014 rally in the equities market. The only writer conclusively identified is Dan Ivandjiiski, who conducts public interviews on behalf of Zero Hedge. [5] The blog came online several days after he lost his job at Wexford Capital, a Connecticut-based hedge fund (run by a former Goldman trader). Later Colin Lokey joined Zero Hedge's writing team in 2015 and left in April 2016 publishing an article identifying the writing team as Dan Ivandjiiski, Tim Backshall, and himself. This is quite a bit less than the 40 or so writers Ivandjiiski claimed to be on staff in earlier years. Note that they chose the pen name from a nihilistic psychotic delusion.

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