Re:Avoid News, Part 2: What the Stock Market Taught Me about...
by jaratec on Tuesday June 15, 2021 @07:45AM
(#27513881)
As a former subscriber I can point this out:
One gigantic error: they have not seen the 2007/2008 crisis coming.
Their policy recommendations are always the same: "cut red tape", privatize, remove tariffs..., and this mirrors their ideological beliefs, not any hard won expertise.
They are also in denial about the unfolding ecological crisis.
Look also at their job ads to understand with whom they are aligned.
In sum, The Economist is a propaganda paper, that is well written, informative even if you can remove their rather obvious slant.
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Re:Avoid News, Part 2: What the Stock Market Taught Me about...
by gruez on Tuesday June 15, 2021 @12:53PM
(#27518106)
>As a former subscriber I can point this out: One gigantic error: they have not seen the 2007/2008 crisis coming.
Who did see it coming? Are there any media outlets that reliability predicted financial crises?
Re:Avoid News, Part 2: What the Stock Market Taught Me about...
by foobiekr on Tuesday June 15, 2021 @09:53PM
(#27524021)
A ton of websites predicted that the avalanche of mortgage debt that could not be paid was going to destroy the financial system.
Mike Sherlock for one. He’s gotten dumb but he was on point on this.