The U.S. one has been posted here before at least a couple of times, but I've never seen a Canadian one until today:
U.S. Debt Clock
Canadian Debt Clock
If anyone knows of a more detailed Canadian one, please let me know.
Boston University economics professor Laurence Kotlikoff says the government “is going broke.” [more]
'We Know It's Good, And That's Enough' Says CEO
PURCHASE, NY—PepsiCo sent shockwaves through the carbonated beverage industry Monday when the multibillion dollar corporation announced that it would cease all advertising of its popular soda product, effective immediately.
Investment guru Marc Faber sees stocks outperforming cash and bonds as the Federal Reserve’s massive monetary stimulus props up the U.S. economy. [more]
Housing will not rebound to its former exuberance once the economy rebounds, says Bill Gross, manager of bond giant Pimco. [more]
Investor extraordinaire Jim Rogers says the financial system needs more failures like Lehman Brothers to restore a functioning free market.
The chairman of Rogers Holding wrote in the Financial Times, “We need some more Lehmans so we can get out of this.”
Nobel laureate economist Joseph Stiglitz says that despite all the government intervention since the collapse of Lehman Brothers a year ago, the financial system is no safer.
In fact, the opposite is true, he told Bloomberg.