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In reply to the discussion: For the RFK junior apologists HERE who argue with us when we say [View all]markodochartaigh
(5,545 posts)from after the 2008 financial crisis. The blog seemed to really get that the crisis was far worse than was generally admitted. I thought that after the banksters showed up on Capitol Hill to force immediate passage of the $700 billion bailout and the incredible stock market volatility that even the average American could intuitively understand that we were at the edge of a precipice, but that wasn't the case.
Zero Hedge had the level of alarm that Calculated Risk and Naked Capitalism showed.
But reading Zero Hedge would quickly turn up libertarian nonsense that only a reich-winger or trust fund bro could believe. Other financial realist blogs like Automatic Earth eventually devolved to that level, but Zero Hedge was there from the beginning.