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May 27, 2022 | Tighter Financial Conditions Enforcing Some Much Need Realism

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

Honesty and discipline tend to rise and fall with the ease of financial conditions. The last decade has been counter-productive and wasteful in so many ways.  Thank goodness we are back in a sobering-up phase.

 

For some lucid insight read Delivery Apps ignored business basics to super-charge growth–and now they’re facing layoffs, stock crashes and a brutal war for survival:

For years economic growth and low interest rates allowed gig economy companies to balloon into household names, stock market behemoths, and major employers without ever becoming viable businesses. Now that the economy, market, and regulatory tides have turned against them, gig economy companies are being forced to wage — and likely lose — existential war in defense of their clearly unsustainable business models.

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May 27th, 2022

Posted In: Juggling Dynamite

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