Category Archives: Main Page

Australian royal commission into customer abuse in finance: familiar findings

Posted on May 17, 2018 by Danielle Park

Captive and impotent regulators and financial firms committing fraud and abusing client trust are the dominant financial model worldwide. AMP is a financial services company in Australia and New Zealand providing superannuation and investment products, insurance, financial advice and banking … Continue reading →

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

Posted on May 17, 2018 by Danielle Park

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

Posted on May 16, 2018 by Danielle Park

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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