Author Archives: Danielle Park

China’s housing bust spreads

Posted on September 28, 2023 by Danielle Park

Shares in the Chinese property firm Evergrande have fallen as problems in the country’s struggling housing market deepen – affecting the wider economy. Its mainland unit Hengda Real Estate has defaulted on 4bn yuan (£449m; $547m) of debt, it revealed … Continue reading →

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Financial headwinds intensify as cash dwindles and debt costs leap

Posted on September 27, 2023 by Danielle Park

Trillions in emergency government handouts have been spent. Eighty percent of Americans now have less cash than when the Pandemic began. Only the wealthiest 20% of Americans still have some excess Pandemic savings, and that is expected to be fully … Continue reading →

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Jeremy Grantham “Bubble Historian”

Posted on September 26, 2023 by Danielle Park

The below podcast with Grantham is nearly two hours long and broad in scope. Worth the time, IMHO. For those with less patience, you can read some key takeaways in 10 quotes from the interview. Also, this 2-minute TikTok reel … Continue reading →

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