[Russia] Downed Plane In Sinai Due To Bomb, Allies With France

i've seen no evidence/indication that the founders/writers are ex stock traders. they also actually seem to be optimistic on certain financial markets. many of their articles are 'out there', but overall they're still probably more reliable and journalistically sound than WSJ, CNBC, CNN, Fox, etc crap

 

Now it's funny.

Hey can we rename this thread... the Russia/Turkey angle is more interesting than the Sinai bombing.

 

The guy who writes that blog was right in 2008 and been wrong since then. He is/was a trader. He is permabear.

 

I don't read zero hedge for his financial news, he is quick to post other news too. Anyways.. I hope this isn't the start of a huge war.

 

right about what, trader in what, and permabear on what?

 

Zerohedge doesn't really vet anything. They are alarmists that constantly post random crap to show how the world is about to explode, and then nothing happens or it turns out what they posted was false. It's an interesting read at times, but it's full of wild consipiracy theories and flat out inaccurate information.

On the plus side, Ben Carson can now point to them as his source on China.

 

I see Zerohedge news "alerts" retweeted onto my timeline frequently, almost always in ALL CAPS. They ARE permabears and alarmists. Usually not worth paying attention to.

 

is there a particular article that wasn't vetted or was false/inaccurate you can point to or link us to?

 

I haven't been reading it in several years, so no. But back in 2011/2012, they regularly had articles talking about how some random piece of data showed that a financal implosion was imminent. Their political stuff was even more ridiculous. Just go back a few years and scroll through the articles - you'll probably find that much of it never happened.

 

no problem on not sourcing anything specific. i have actually probably read every single article they've put out over the past several years. i follow them and another dozen blogs/outlets daily as part of market prep/enrichment as a hedge fund manager. as i posted before, some of their articles are out there, but my philosophy is that even if i'm able to extract one kernal of unique insight/truth in a week of reading their stuff, then it has been worthwhile. and quite honesty, it is typical that their blog yields about a few kernals per week.

as far as them being 'permabear', it depends on the market being talked about. for instance, they were bullish on energy for quite some time, and then turned bearish (at about the right time that they should have as well). and even if we were to go ahead and qualify them as being permabears across the board, then it's hard not to characterize the CNBC's, WSJ's, NYT's, CNN's, etc as permabulls all day everyday in the same vein.

 

I think this is a good route to go - I didn't mean to imply everything they post is terrible. But there's a lot of "out there" stuff combined with accurate stuff. If you're willing to take the time to kind of separate that stuff out and also understand that much of what they write is extreme speculation, they can be a good source. But I think they are dangerous for the casual person that might just get linked to one article and not really know how to properly vet it.

I can't speak to the others, but CNBC seems mostly absurdly reactionary. When the market is up, they bring all the bulls on the show. When the market has a drop, they bring all the extreme pessimists on the show. It's like they just want to amplify anything to create more hysteria (up or down). I think it's a huge disservice to their actual viewers.

 

as mentioned, i end up doing A LOT of reading in a day (even every holiday), so one thing appreciated about the zerohedge articles is their oft-witty and well-crafted humor. likewise, CNBC is pure comedy entertainment for me just because the anchors/reporters and the vast majority of their interviewees are just so ridiculously stupid :grin:

 

their claim that the Chinese are getting militarily involved in Syria is absolutely wrong though. according to the white house, US intelligence agencies, the Chinese government itself, they are not sending over troops, naval warships etc to Syria.

Also, Turkey have a history of getting into aerial conflicts with other countries. Turkey & Greece constantly violate each others air space and engaged in countless # of mock dogfights (not as some kind of friendly joint training) and sometimes those mock dogfights turned into real dogfights.

As expected, Russia announced they'll start deploying long range SAMs in Syria now (S-400)

 

Erdoğan's reckless behavior has put all of NATO at risk. Putin couldn't have asked for a better outcome. Now he'll use the Turkish downing of a Russian fighter/bomber as an excuse to move more military assets in the Eastern Med, as he continues to work to divide NATO. Heck, he was probably sending his aircraft to attack Turkmen militias along Turkey's border in an attempt to provoke this action. In all the years following the establishment of the NATO alliance, NATO managed during the entire 66 years to never shoot down a Soviet military aircraft, much less a Russian one. While the other NATO members have given Turkey "lip service" announcements of support, I'd bet my lunch money that they are privately furious and are telling the Turkish government exactly that.

 

I would have bet that Putin hatred would exceed hatred for a wishy-washy C list peripheral Islamist like Erdogan among conservatives.

It's nice that the world can still still surprise me every now and then.

 

I think this provides some direction to NATO for the reason that the dearth of leadership and vision has been glaring. The fissures are deep and erdogan is but one piece of it

I take zero hedge with a grain of salt but I do read it and his sources. How he extrapolates the sources is a different matter, but the facts in them are disturbing alone.

 

Turkey just jailed & charged 2 journalists for publishing a report revealing evidence that Turkey's intelligence agency is smuggling weapons to extremist militants in Syria.

http://www.wsj.com/articles/turkish...nalists-accusing-them-of-espionage-1448577964

A quick summary of the events
- In May 2015, Cumhuriyet published a report with video & photo evidence that Turkey's intelligence agency is smuggling weapons to extremist militants in Syria
- After the report was published, Turkish President Erdogan went on TV threatening that the journalist "will pay a heavy price"
- Today Turkey decided to jail these 2 journalists making good of Erdogan's threat, and charged them with 1) aiding terrorists (how ironic) and 2) espionage and could possibly face life in prison.

 

Erdogan is a total criminal, and an Islamist. Sadly, the fact that he has so much popular support in Turkey speaks volumes about the ideological state of that country.

Erdogan has been supporting ISIS from the beginning, and there are millions and millions of Turks who are supportive of this.