Author Archives: Danielle Park

Crypto crash: suicide of the ignorant led by the reckless

Posted on May 25, 2022 by Danielle Park

In October 2017, Bitcoin rose to $19,376 before plunging to $3200 by December 2018 and trading below $5300 to March 2020.  Then, pandemic lockdowns, government subsidies and payment deferrals enabled financial speculation as an international obsession. As shown below, the … Continue reading →

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What’s happening in mortgage land?

Posted on May 24, 2022 by Danielle Park

News from the mortgage frontline in Canada…worth a listen. What’s Happening to Mortgages Now That Rates Are Up? with Ron Butler | DFI30 | Well it appears that real estate prices are down in many parts of Ontario after record … Continue reading →

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This asset bust combines the worst of the 2000 and 2008 cycles

Posted on May 23, 2022 by Danielle Park

Since its peak at the end of 2021, nearly $8 trillion in market cap has been knocked off the S&P 500 alone.  This comes with a 24% loss in the average NASDAQ stock and a 55% drop in Bitcoin, not … Continue reading →

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