Author Archives: Danielle Park

Wealth gap flashing recession warning

The present spike of wealth (asset values) above income coincides with similar tops in 1929, 2000 and 2007. Here is a direct video link. This chart from the Inequality for all, documentary, also shows peaks in the top 1% of … Continue reading

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The financial engineering market

Worthwhile article by Jared Dillian, courtesy of Mauldin Economics today: “Ten years ago, during the housing boom, the consumer was the most leveraged entity, taking out negative amortization mortgages, cashing out home equity, things like that. The consumer got a … Continue reading

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El Erian: market sell off driven by weak fundamentals and too high prices

Mohamed El-Erian talks about why the stock market has become so volatile and why the Fed will exit QE and try to rely on forward guidance. Here is a direct video link.

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Government approval ratings at recessionary lows

QE has done nothing to help the real economy or real workers, statements to the contrary are propaganda from its sponsors. The good news is that the power to recover meaningful financial strength and balance lies not with governments or … Continue reading

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Jim Rogers on preserving capital in the era of “crazy” central bankers

Why Jim Rogers owns dollars printed by “crazy” fed bankers.  Here is a direct video link.

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60 Minutes: Saving Italy’s history

As the government struggles to maintain the country’s historic ruins and monuments, Morley Safer discovers it’s become fashionable to help. Here is a direct video link. (If you can stand the Viagra adverts!)

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Revolving door between regulation and finance must be jammed

A first hand account of the corrosive regulatory capture caused by the revolving door between token finance regulators and the financial firms that hire them as defence counsel and lobbyists once they leave office. “The real world sees a pandemic … Continue reading

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Attacks in Canada’s capital

Parliament Hill came under attack today after a man with a rifle shot a soldier standing guard at the National War Memorial in downtown Ottawa. A gunman inside Parliament has been confirmed dead. Ottawa police say shots were fired at … Continue reading

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Canadian financials wobble

The picture of risk for the Canadian broad market: the financial sector is its most concentrated exposure (today 38% of the TSX) as the basket of shares (XFN) lept an outrageous 100% in the last 2 years of ‘QE-ever’ mania. … Continue reading

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After 65 years of ‘add debt and stir’: time to sober up

I am for the founding principles of democracy: one voice, one vote, self-initiative, self-reliance and individuals accepting personal responsibility for their decisions. I am for the rule of law–that rules must be transparent and applicable to everyone in the society … Continue reading

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How Ebola was discovered in 1976

Microbiologist Peter Piot brought Ebola to the world’s attention nearly four decades ago. With rarely seen footage from his visit to Zaire in 1976, he describes how his team solved the mystery of the virus. Here is a direct video … Continue reading

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Danielle on The Financial Survival Network

Danielle was a guest today with Kerry Lutz on The Financial Survival Network talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.

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Bill Black updates on “Too big to jail”

Important discussion on Moyer and Co this month. “Attorney General Eric Holder’s resignation last week reminds us of an infuriating fact: No banking executives have been criminally prosecuted for their role in causing the biggest financial disaster since the Great … Continue reading

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Chinese downturn continues

Jim Rickards, Chief Global Strategist at West Shore Funds, explains China’s gross domestic product figures. Here is a direct video link.

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Reflex rally now playing

As markets swooned the past couple of weeks, central bankers began to panic and take to the policy propaganda media channels talking about other stimulative tricks they could try. Of course with their policy rates already at nil and balance … Continue reading

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