• uphillbothways@kbin.social
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    1 year ago

    https://mediabiasfactcheck.com/zero-hedge/

    CONSPIRACY-PSEUDOSCIENCE
    Sources in the Conspiracy-Pseudoscience category may publish unverifiable information that is not always supported by evidence. These sources may be untrustworthy for credible/verifiable information; therefore, fact-checking and further investigation is recommended on a per article basis when obtaining information from these sources. See all Conspiracy-Pseudoscience sources.

    Overall, we rate ZeroHedge an extreme right-biased conspiracy website based on the promotion of false/misleading/debunked information that routinely denigrates the left.

    Detailed Report
    Bias Rating: RIGHT CONSPIRACY/PSEUDOSCIENCE
    Factual Reporting: LOW
    Country: Bulgaria
    MBFC’s Country Freedom Rating: MOSTLY FREE
    Media Type: Website
    Traffic/Popularity: High Traffic
    MBFC Credibility Rating: LOW CREDIBILITY

    History
    Launched in 2009, ZeroHedge or Zero Hedge is a finance blog founded by Colin Lokey, also known as “Tyler Durden,” Daniel Ivandjiiski, and Tim Backshall. According to a Bloomberg Interview, the ZeroHedge founders/authors were anonymous until 2016. A Professional Service Subscription is required to read the rest of Bloomberg’s interview; however, a New Yorker article also covered their history.

    ZeroHedge wrote a rebuttal article regarding the Bloomberg interview that can be found here. A quote reads: “Zero Hedge hired Colin after he approached us over a year ago begging for a job after being fired with cause from Seeking Alpha, following a fight with a co-worker.”

    On 02/15/2022, U.S. intelligence officials accused Zero Hedge of amplifying Kremlin propaganda targeting Ukrainians and taking direction from Russian spies. Zero Hedge denies the claim.

    Read our profile on Bulgaria’s government and media.

    Funded by / Ownership
    The website is registered in Bulgaria under the name Georgi Georgiev, a business partner of Krassimir Ivandjiiski.
    According to Rationalwiki, the only writer “conclusively” identified is “Dan Ivandjiiski, who conducts public interviews on behalf of Zero Hedge.” The blog generates revenue from online advertising.

    Analysis / Bias
    A quote from the above New Yorker article summarizes the blog’s political stance, which Lokey told Bloomberg is: “Russia=good. Obama=idiot. Bashar al-Assad=benevolent leader. John Kerry= dunce. Vladimir Putin=greatest leader in the history of statecraft.”

    ZeroHedge’s content has been classified as “alt-right” and has been criticized for presenting conspiracy theories.

    In review, ZeroHedge publishes pro-right wing/Trump articles such as Pat Buchanan: “Trump Calls Off Cold War II.” As well as fake news stories regarding liberals: Anti-Trump Protesters Bused Into Austin, Chicago.

    Editorial content is written under the pseudonym Tyler Durden and usually focuses on conspiracies related to economic collapse. Zero Hedge sources to factually mixed think tanks such as The Mises Institute, which promotes Austrian (Anarcho-Capitalism) economics. Finally, during the Coronavirus outbreak of 2020, they have frequently promoted false and misleading information, as evidenced by failed fact checks below.