Author Archives: Danielle Park

China’s ‘controlled’ credit explosion

This report gives a good overview of the global interconnections in our highly levered financial markets and economies. Deflation in the global property sector is needed.  It will be painful but also helpful longer-term in redirecting capital from realty speculation … Continue reading

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Bubbling assets need more buyers–stat!

While some wait breathlessly for self-enriching US Fed members to hold forth on their next policy tricks, this chart shows the relative size of US financial assets at 5.5x US gross domestic product today compared with 3.5x at the tech … Continue reading

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China’s Ponzi scheme in global spotlight again

There are parallels here for other economies like Canada, which have enabled an unhealthy reliance on debt and realty bubbles. “If you want to teach a lesson you have to cause pain.” China Beige Book CEO Leland Miller joins Yahoo … Continue reading

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