If a website can be a hero, Zerohedge used to be mind. When they started, they were basically a giant version of Slope. They despised the Fed. They considered Goldman Sachs to be a vampire squid. And they figured the stock market was doomed.
Some years back, for reasons I do not know, they flipped 180. These days, the essence of ZH is:
- They worship, and I do mean worship, Trump;
- They parrot everything Goldman Sachs says every single day;
- Unless the market is in a free fall, they are virulent permabulls;
- Their comments section is basically a hybrid of the Ku Klux Klan and the NRA.
It’s a real shame. I used to think they were the greatest, but now I consider them swill.
