Author Archives: Danielle Park

Debt stress pandemic

Posted on April 9, 2024 by Danielle Park

US credit card debt topped $1.34 trillion in February, significantly above the cycle tops of around $900 billion in 2008 and 2020 (as shown below since 2003, courtesy of MFHOZ). The interest rate on this debt is above 20%.New car … Continue reading →

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Grantham: Bubbles, AI, Climate Change, Population Growth

Posted on April 9, 2024 by Danielle Park

Jeremy Grantham is the Co-Founder and Long-Term Investment Strategist of GMO, which manages over $60B. Jeremy discusses his background and shares fascinating insights about a broad range of topics including investment bubbles, AI, crypto, reversion to the mean, climate change, … Continue reading →

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Canada and Australia: two economies with similar challenges

Posted on April 8, 2024 by Danielle Park

Canadian GDP per capita declined for the 6th consecutive quarter in the final quarter of 2023; this means there are less resources per person–the standard of living is in decline.A new RBC study finds that more than half – one … Continue reading →

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