- the source for market opinions


September 6, 2016 | Over-Cpacity Chaos is Global

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

Seventeen years of continually and recklessly stomping on credit creation to goose consumption has purchased massive mal-investment, over-capacity, excess supply and now a period of falling demand and rising bankruptcies. This is worldwide, and we have an army of financial prestidigitators to thank for the downsizing, mean reversion, losses and write downs that follow next.

Basil Karatzas, CEO of Karatzas Marine Advisors, on Hanjin Shipping Co.’s bankruptcy protection filing. Here is a direct video link.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

September 6th, 2016

Posted In: Juggling Dynamite

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.