Danielle Park: Over-Financialization Will Bring Us Down

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Financial Survival Network, Released on 3/27/18

It’s no secret that the financial sector has expanded at a near geometric pace, along with the debt burden. While it’s great for the big banks, it’s come at the expense of society as a whole and individuals have taken it on the chin. Low cash levels and liquidity will bring down the household sector. Banks always want to sell more, regardless of the customer’s best interest. They’re never held to account and this cannot end well. The business model of ABS Always be Selling will result in a major deflationary bust. But no one wants to believe, yet.

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Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an international securities firm. A Chartered Financial Analyst (CFA), she now helps to manage millions for some of North America’s wealthiest families as a Portfolio Manager and analyst at the independent investment counsel firm she co-founded Venable Park Investment Counsel Inc. www.venablepark.com. Over the last decade, Danielle has been writing, speaking and educating industry professionals and investors on the risks and realities of financial behaviors. A member of the internationally recognized CFA Institute, Toronto Society of Financial Analysts, and the Law Society of Upper Canada. Danielle is also an avid health and fitness buff.

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