Author Archives: Danielle Park

Perpetual monetary easing is no longer accommodative

Bleakley Advisory Group’s Peter Boockvar and CNBC’s Rick Santelli discuss monetary policy and economic growth. Here is a direct video link.

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Debt-fueled property bubble deflating in Stockholm too

Low-interest rates, lax-lending and speculative fever, drove a boom in property demand, size and opulence over the past decade in most of the world’s major cities.  Now home prices are unaffordable for most and debt is maxed out everywhere, just … Continue reading

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Canadian households at point of hard return

At 1.1%, the Canadian savings rate is today near all-time lows, while Canadian debt is at all-time highs, and unemployment is set to move higher. Years of reckless financial policies have driven Canada to the point of hard return.  This … Continue reading

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