Author Archives: Danielle Park

Foreboding blast from the past in this 1998 testimony. If only the politicians had listened, we would not be back full circle to today’s ongoing 1930’s style financial crisis. Instead under Greenspan’s hubris and leadership at the Federal Reserve, policymakers … Continue reading →

Danielle was the second guest with Jim Goddard on This Week in Money, talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here by advancing the playbar to 20:00.

In understanding the origins and nature of the present financial crisis, we should appreciate that subprime debt and its ‘securitization'(selling junk as investments to indiscriminate and duped buyers) were deployed to revive animal spirits after the 2000-03 tech wreck, and … Continue reading →