This site has long been a bewildering mishmash of doomsaying and cassandra-like apocalyptic predictions - but the other shoe has simply never dropped. During the days when the financial crisis was hot and fresh this brand of naysaying seemed really insightful and prescient - but, in retrospect, it was just something of a firehose of "short the system."
That a lot of analysts read it doesn't make it credible. A lot of politicos read infowars too - it doesn't mean it isn't mostly hyped up garbage.
Far too many of their headlines are too sensationalist and make too many testable claims and predictions - they are chicken little, and the sky simply hasn't fallen.
yep, the crisis made asshats like Peter Schiff seem like smart guys. Lots of doomdayers created awesome careers because the world legitimately did appear to be falling apart. The irony is, if anyone had listened to the ZH's and the Schiffs of the world, it actually would've fallen apart.
