onlooker wrote:Just follow the clues and facts as opposed to the sanitized version of the facts.
Critical thinking is a good thing. But it requires also to put out any preconceived ideas to work... If you look for clues and facts to support an idea, you will find them. This makes most of "conspiracy" theories quite worthless, as they start from an hypothesis and look for clues and facts... Instead of assembling clues and facts first (without cherry picking), and form an opinion of what they mean.
Also, the basic rule of critical thinking on news is to look for the source of information. If the source is proved unreliable, or have no expertise, or the information relayed is changed to suit a POV, then it worths nothing.
So now we have crowdfunded sources of doomer propaganda publishing, masquerading as "think tanks"?
Bravo! Zerohedge would be so proud.
So, Outcast_Searcher saw something like economic doomers behind this news. But this came out of this institute:
https://en.wikipedia.org/wiki/Centre_fo ... Innovation
And it appears that this is more some advertisement on their website for a future conference to be held on feb 22, with Robert Aliber, a recognised economist (in foreign investments) who studied quite deeply financial crisis, and wrote a book (Manias, Panic, Crashes). And in this interview, he doesn't exactly look like a doomer punk:
https://www.youtube.com/watch?time_cont ... xIoFzPu8bY
In facts, he points out what actually happened in the recent correction of stocks, that inflation is coming and low interest rates from the FED are not sustainable.
The letter where he predict a major plunge in US stocks can be read here:
http://www.csfi.org/s/QUARTERLYJAN12018.docx
I don't have enough economic knowledge to argue against his POV. I think he may be biased because he study finance crisis, and so focus on what appears to him like the premise of a market crash. His concerns are anyway real, and he's not the only economist to warn about the imbalances in the global economy.