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's essentially Apocalypse Porn. It has accurately predicted 200 of the last 2 recessions.
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 2009-2017 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...
....
