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April 28, 2017 | West Australia: A Cautionary Tale for Canada and Beyond

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) 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: www.jugglingdynamite.com

After the debt-fueled commodity boom: cash flows recede, asset values drop, only the debts remain.

Property prices in WA have fallen while unemployment and cost of living expenses are high. It’s a perfect storm for those who invested at the height of the mining boom. Here is a direct video link.

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April 28th, 2017

Posted In: Juggling Dynamite

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