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Zero Hedge Banned | Animal Spirits - Episode 124another big-name investor was in the,news this week
Updated on Jan 30,2023
Zero Hedge Banned | Animal Spirits - Episode 124
another big-name investor was in the,news this week as he has been for much,of the past few years mostly on the,thought-leader side this time on the I,guess fake news side Ray Dalio with so,there was a profile of him in the Wall,Street Journal again and this this did I,think I'm kidding dally on this one this,felt sort of like a head piece it was a,little hit PC but he invites this stuff,don't you think with his management is,the way that he manages and the way he,tells people like this is obviously,people within his firm are reaching out,to the Wall Street Journal and giving,these stories I mean honestly if you got,this stuff as a Wall Street Journal,reporter would you not put it out there,whether it's a hit piece or not and so,yes I think they're some of the stuff,like did we really need to know this,stuff about him probably not the tweets,and the headlines was all about Putin,that was immaterial yes but again if,someone from inside Bridgewater came to,you as a reporter and told you that,stuff would you not put it out there,just for because it you know would make,a big like obviously that's not the,greatest most useful financial news but,if someone gave that to you and,obviously they it came from someone,internally that has a beef with him,wouldn't you use that so I don't know if,I really I fault it's it's obviously hit,piece but I think when you get to that,level you have to expect this stuff I,wasn't a huge fan of his retort on,LinkedIn where he said that all,basically all financial news is fake,news like you can you can take umbrage,with something that's written about you,without saying that the entire Wall,Street Journal was fake news well okay,fine fair but like I thought the piece,was not that fair talking about as 2019,performance which was pretty rough,unless a haze I mean Bridgewater's which,he has said he's he's really not running,anymore,that he has backed off he denies their,their claims they they kicked ass in,2018,so I feel like that wasn't mentioned but,I don't know but here this is my I did,find interesting that he wrote it in his,LinkedIn piece he said,the Walsh by the way still hilarious,that he's running on LinkedIn I don't,know I said I don't know why I think,it's hilarious that his blog is on,LinkedIn I did not see Ray Dalio,transitioning to Tony Robbins but here,we,he wrote The Wall Street Journal and,other publications don't have invested,investigative journalists write,complementary articles on people because,those articles don't sell which is why,our country has no heroes and I think I,think that's there's some more I think,there's a lot of validity there okay,here's here's my take on this I think in,the past that's all there was as puff,pieces that the financial media was part,of the they were the cheerleaders and,after the crisis they got caught with,their pants down like most people did,and they decided after that like we're,not getting caught again and we're gonna,be skeptical and so the financial news,media has been very skeptical for the,past ten years about everything and I,think that's that's kind of an,outcropping of of what happened in the,crisis because before the financial,media was just surely they were true,they were true leader the whole time so,I think now you've gone the other,direction okay and here we are but but I,don't I don't really buy that there,there aren't hero articles still written,but for him he obviously has gotten a,lot of bad press in the last couple of,years and so I can see why he is not,happy about it alright let's let's talk,about an antihero Zero Hedge so Zero,Hedge there was big news big big news,over the weekend I believe it was Friday,night on his permanent suspension is,that in my mind when I hear suspension I,think about about high school you either,get suspended or you get expelled being,expelled as a permanent suspension so to,me permanent suspension I don't get it,so does that mean he's gone forever,you owe me to define permanent for you I,mean I know a permanent means but yeah I,don't know what the language is with,Twitter and all right so so I I don't,even really know what happened there's,some conflicting reports that he was,suspended because he was spreading false,information that the corona fires were,started by a Chinese scientist and he,was transmitting his the the person's,information but then he says that or,they say that this information was,already out there so there's a lot of,conflicting reports but I think the,important thing is that people were,outraged weird Hill to die on that,what I'm gonna say I don't so I mean,here's here's my claim to fame I've,never once followed Zero Hedge on,Twitter I'd so I don't really care that,much to tell you the truth but the,people that are saying first amendment,those people don't know they're talking,about I could I could walk into,McDonald's and spout out garbage fed,theories and say the Fed is manipulating,the repo market and the Fed is,controlling the stock market in,McDonald's could
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