Author Archives: Danielle Park

Political and economic crisis have erupted in what was once Latin America’s richest country. Daily protests and an increasingly authoritarian leader threaten to transform Venezuela into a failed state. Here is a direct video link.

This past spring Canadian realty prices leapt to a fevered peak that was far beyond historical norms of affordability or investment valuations in many areas.  Since then prices have weakened pretty much all over and many are in shock.  See:  … Continue reading →

Former Fitch credit analyst Charlene Chu was one of the first to warn of rising risks in China’s shadow banking system.  Chinese banks have been concealing risky credit in ‘off balance sheet vehicles’ (same accounting tricks that bankrupted Enron and … Continue reading →