Author Archives: Danielle Park

Killing the ‘little guy’ with ‘investment’ sales dung

Abuse of trust is a dominant business model in conventional ‘investment’ sales and wealth ‘manglement’. As I mentioned in April, this odious truth was on full display at the recent ‘Canadian Wealth Expo’ in Toronto, where gullible attendees were showered … Continue reading

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Debt service costs are a function of rate and amount owed

Those saying that the recent rise in interest rates is still inconsequential because relative rates remain below historic averages, are ignoring that debt service costs are a function of rate and the amount of debt outstanding.  With record debt at … Continue reading

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Bankers take, main street foots the bill

When markets come down, banks will look for bailouts and main street will be expected to foot the bill. From @RanaForoohar: “We all know something is deeply broken in our economy. It’s been eight years since the financial crisis. The … Continue reading

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