Earlier quoted context omitted.
> scarily accurate As the saying goes, Zerohedge has predicted 28 of the last 4 recessions. They have a consistently bearish bias (which rarely seems to play out), and ties to the Russian state, which brings into question the motivations behind their criticisms of the US (not that I'm the biggest fan myself). All of that said, ZH introduced me to a lot of economic literature and concepts I likely wouldn't have been e…
They are, but when the FED keeps re-inflating bubbles and manipulating the markets, all conventional economic processes that they were using as sentinels were also getting disrupted.
But nothing. In short, the claim of 'scarily accurate' is not true. There may be underlying reasons that their accuracy has issues, but their track record up to this point has been highly inaccurate.