Author Archives: Danielle Park

Plea for Glass-Steagall continues on Hill today

Excellent, must-understand-article from Paul Craig Roberts on the necessity for a return to hard divisions between taxpayer-backed bank deposits and product sales and speculation by investment banks, should be read by everyone. See:  Without Glass-Steagall America will fail. I would … Continue reading

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Cov-lite loan madness back with a vengeance

Dramatically under-pricing capital risk has been the hallmark of the last 20 years of the most interventionist monetary policy in human history.  Increasingly more reckless capital allocations have led to three successively larger financial bubbles–punctuated by two global busts to … Continue reading

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Worthwhile read: ‘How to make money’

Bill Gross has penned a succinct and worthwhile heads-up-primer for his June monthly letter.  See:  How to Make Money.  After 8 years of near zero rates and $8 trillion in global QE indiscriminately bidding up asset prices everywhere, it’s important … Continue reading

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