Author Archives: Danielle Park

Bank lending flatlines as investment prospects dim

As we discussed in our July client letter “Tapped Out”, and here in Slowing Growth is Natural Product of Debt Hangover, a weakening credit impulse globally continues to bode poorly for economic momentum for the foreseeable future. As shown below … Continue reading

Posted in Main Page | Comments Off on Bank lending flatlines as investment prospects dim

Herd immunity threshold rising with morphing virus

As many are vaccinated and a significant portion are determined not to be, the virus is taking every opportunity to morph.  Dreams of COVID-19’s mayhem ending any time soon look unrealistic, see Delta Seen to Push Herd Immunity Threshold above … Continue reading

Posted in Main Page | Comments Off on Herd immunity threshold rising with morphing virus

Slowing growth is natural product of debt hangover

In 1933, Irving Fisher, one of America’s most influential economists, noted that economic growth declines in highly indebted economies because debt increases current spending in exchange for a decline in future expenditures unless the debt is self-financing, i.e., helping to … Continue reading

Posted in Main Page | Comments Off on Slowing growth is natural product of debt hangover