The New CS Board

[gdl]

Extreme sensationalism journalism - ZEROHEDGE

Had any of their proclamations happened in the past 6 years? Not even close. They look to incite the already excitable. They have no objectivity. if they had they would had corrected their stance and explained their mistakes. Instead they are stuck in a time-warp where everything is still happening at the same time. They wipe out 6 years of ludicrous assumptions by restating them over and over. If they can't narrow their understanding of markets to less than 6 years than they are useless.

People turn to them when they need reinforcement for their own bias. We all know the reality of debt situation. Leading up to the Great Depression the disparity between classes, number of actual people contributing to the payroll, and lack of safety standards were at extremes not though possible. Deciding the trend is going badly is not the same as understanding when the whole thing collapses.