Author Archives: Danielle Park

Nightmare on Main Street: average Canadian home price now $590k

As Toronto speculators gobble up supply, some industry ‘players’ are calling on government to remove part of the Ontario Greenbelt to free up more land. This is a nightmare on pretty much every level.  (Also see:  Millennials may never get … Continue reading

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Stark truth about financial risk: individuals are ‘too little to save’

As self-absorbed, myopic bankers have destroyed the global financial system, they have co-opted the public purse and urged the rest of us to buy more risk in the hopes of breaking even. What these risk sellers don’t acknowledge however, is … Continue reading

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‘Fed Up’: Quote of the week

This quote of the week is from the new book by former analyst at the Federal Reserve Bank of Dallas, Danielle DiMartino Booth, “Fed Up: An insider’s take on why the Federal Reserve is bad for America (2017).   It sums reality … Continue reading

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Charlie Rose flashback: Trump in 1992

This is an interesting discussion from November 1992 with a 46 year-old Donald Trump talking, among other things, about the real estate bust of the late 80’s (which he blames on “stupid” government tax changes that reigned in speculative madness. … Continue reading

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Madness reigns and the clean up will be expensive

It’s unbelievable what a mess has been made globally by ‘free’ money and policy largess to the financial sector.  This is madness of truly epic proportions, and there is no doubt, we’ll be paying to clean up the mess for … Continue reading

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Roach: Fed ‘lacks guts’ needed to do the right thing

Yale University Senior Fellow Stephen Roach discusses the biggest worries for the Federal Reserve as the central bank attempts to return to normal monetary policy.  Here is a direct video link. Here is part two. Here is part three.

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