Author Archives: Danielle Park

Housing bubble 2.0

Not different this time–same players and behaviors, different cycle. In 2003-07 it was reckless lending, securitization and derivatives that drove realty prices off the leverage cliff. In 2010-2016 the buyers are foreigners and financial intermediaries (who were bailed out by … Continue reading

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In bed with Wall Street and living the dream

Brazen nepotism and self-serving policies are the norm in the revolving door world of finance and its regulators–because they have gotten away with it so handsomely to date.   You can read “In Bed with Wall Street” for many sordid details.  … Continue reading

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Defaults rising in Canada

Canadian banks are attempting to whistle past the graveyard of rising loan defaults even as they lower loan loss reserves to boast near term earnings.  Safalow summarizes facts well in this clip.  Here is a link to the investigative reporting … Continue reading

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CBC: Sour Grapes documentary uncorks high-end world of fine wine fraud

I like wine and appreciate the labor that goes into making it. But years ago, I participated in a blind taste test that confirmed I could not discern a $12 bottle from a $1000 bottle. That revelation was a gift. … Continue reading

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Danielle’s weekly market update

Danielle was a guest with Jim Goddard on Talk Digital Network, talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here. There is a reason that corporate executives have … Continue reading

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WSJ: Years of Fed missteps have fueled disillusion

Adoration and confidence in central banks, finance and politicians as they enabled and rode the debt bubble up was misplaced and undeserved.  Now buried under the debt weight of our past consumption, rock bottom rates and yields are serving to … Continue reading

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