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by neil_s 2186 days ago
I'm surprised by all the negative top-level comments. I wasn't familiar with ZeroHedge before, but I just looked it up on Snopes.com and there are numerous results where ZH articles were marked false or mostly false. I followed a few links and didn't find any retractions. Clearly, this is a site that is OK publishing demonstrably false news for the eyeballs and ad dollars. An advertising platform is well within its rights to stop showing their ads on this website, especially since most major corporates would not want their brand associated with funding such false news. Admittedly, as a moderate/progressive, I'm biased against extreme-right hate-peddling.
2 comments

>I just looked it up on Snopes.com and there are numerous results where ZH articles were marked false or mostly false

Have you actually read any of those Snopes articles? Snopes is notorious for putting a big, red X and "FALSE" on the very top of its articles but the article body itself concedes that the claim being debunked is actually true. It does that because it knows from its metrics most visitors spend a couple seconds on the articles, scan the page for the rating and move on.

Take this Snopes article debunking ZeroHedge's claim that water conservation measures in California will make it so residents won't be able to shower and do laundry on the same day [1].

The article admits that there are water conservation measures the two bills put into place, though they aren't slated to come into effect until 2022, meaning the only part of ZH's claim that is false is the word "now". The final paragraph is just glorious and actually tries to downplay the restrictions, the same one the headline portrayed as "mostly false".

>Given that the average shower uses about 17.2 gallons of water, while most high-efficiency clothes washers use only 15 to 30 gallons of water per load, most California residents (depending upon their personal habits and the efficiency of their home appliances and water fixtures) shouldn’t find it too difficult to accommodate a daily shower and a daily laundry load while staying within the 55 gallons per person per day guideline. But either way, nothing in either legislative bill specifically levies fines against customers who do laundry and shower on the same day.

Its article research is most often solid and Snopes articles are worth a read but the ratings and headlines are, ironically, mostly false.

1 - https://www.snopes.com/fact-check/california-laundry-and-sho...

You're missing the point entirely.

ZH published unverified content ALL THE TIME. Every readers knows that there's lots of crap there.

BUT - they also release stories waaay before the mainstream. Covid-19 was actively posted throughout January, a full month before the mainstream took it seriously.

I read articles there that were posting preliminary Chinese economic data to show the early impacts, while Reddit and HN were telling everyone that "it's just the flu", "masks don't work", and that emphasizing covid was racist (literally - people were banned from a Reddit subs for trying to warn people - with accusations that they being racist against Chinese).

You have to be an adult and sift through the garbage - but there is quality ahead-of-the-curve content there.