Author Archives: Danielle Park

Solar to be world’s top electricty source

The sun produces enough energy in one hour to power the world for a year. Let that settle in for a moment. The race to harness and store the sun is the race to free, clean energy for generations to … Continue reading

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Complexity and government backing abet banksters

It is impossible for regulators or anyone else to control mammoth financial conglomerates that are designed to maximize risk-taking without personal consequences to the actors involved. The answer is not more regulation, but smaller institutions that separate deposit taking utilities … Continue reading

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Warren calls for hearing on whistleblower tapes re Fed and Goldman Sachs

“Sens. Elizabeth Warren (D-Mass.) and Sherrod Brown (D-Ohio) are both calling for Congress to investigate the New York Federal Reserve Bank after recently released secret recordings show the central bank allegedly going light on firms it was supposed to regulate. … Continue reading

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Stock market headed for Minsky moment

“We’re still not wise enough to realize that our current model is a ‘Ponzi’ scheme rushing toward its inevitable ‘Minsky moment’,” Steen Jakobsen, a chief economist at Danish investment bank Saxo Bank, said in a research note on Friday. Here … Continue reading

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Cohan: “Fed exists for the benefit of Wall Street”

More honest comments about investment banking. Bloomberg Contributing Editor Bill Cohan discusses risk taking and incentives on Wall Street. Here is a direct video link.

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Must read: Preventing Economists’ Capture

Further to the glaring capture of the Fed and regulators by the large investment banks, yesterday I read a very important paper by professor Luigi Zingales documenting similar capture among finance and economic academics. The paper is long and detailed, … Continue reading

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Must listen: The truth about Goldman Sachs caught on tape

This should be our generation’s Pecora commission-like epiphany bringing the outrageous policies and procedures of the Fed and the large banks into the broad light of public view.  It is long past time to admit truth and break up the … Continue reading

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Canadian Investor Conference in Toronto

Danielle will be appearing at the Canadian Investor Conference in Toronto on Thursday September 25 doing some media interviews and a World Outlook panel discussion with Grant Williams and John Kaiser at 4:30pm. The event will be held at the … Continue reading

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Export currencies telling truth about global demand

The Canadian, Aussie and Japanese export currencies all peaked with the 2009 economic rebound in 2011. Currency markets are the largest and most liquid asset markets in the world. Notwithstanding concentrated attempts by large banks and other players, they are … 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 here.

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The ties that bind: bankers and politics

The 2014 American Values Survey released Tuesday by the Public Religion Research Institute reports that 72% believe the recession is still on and just 7% say they are in excellent financial health. A third of the people in the survey … Continue reading

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Good new ad from Interactive Brokers

Pleased to see this new ad running on Bloomberg recently… Here is a direct video link. Their marketing people must have heard my podcast last November… (a little joke)

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Howard Davidowitz on the Financial Survival Network

Howard has 40 years of experience in debt analysis and corporate restructuring. Agree with him or not, he’s always good for a giggle… Howard Davidowitz, well known consultant and turnaround expert, is unhappy with the state of affairs in America … Continue reading

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Resistance to debt now widespread

Drug resistance is the name for a reduction in drug effectiveness over time. Perpetual “add debt and stir” monetary prescriptions are no different. Years of over-use have now rendered more debt highly ineffective at treating reduced consumption. As pointed out … Continue reading

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Potential templates for Canadian home prices

We have long been aware that Canadian home prices are among the top 3 most over-valued on the planet along with Australia and New Zealand. (Talking with a friend from New Zealand last week, confirmed that prices on the ground … Continue reading

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