Author Archives: Danielle Park

More Panama Paper revelations, still no corrective action

Posted on October 5, 2021 by Danielle Park

The 2016 Panama Papers leak to world media revealed the widespread use of offshore accounts to avoid tax collection from many of the world’s wealthiest and most privileged people.  Of course, most have been greatly aided in accumulating said wealth … Continue reading →

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Extreme wealth gaps are bad for economic stability

Posted on October 4, 2021 by Danielle Park

Just the facts… There’s a deeper, systemic problem in our economy that’s just as perilous as the looming debt default — and no one is talking about it. pic.twitter.com/a2HBWrTaoF — Robert Reich (@RBReich) October 4, 2021

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NBER paper considers Peak China Housing

Posted on October 4, 2021 by Danielle Park

This Time is Different co-author, and Harvard Professor Ken Rogoff has co-authored an illuminating paper for the National Bureau of Economic Research (NBER) that estimates the downside risk that China’s over-built, over-leveraged property sector poses its economy.  They conclude that … Continue reading →

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