KDakotaFund (24.77)

American and Canadian Debt Clocks

September 30, 2009 – Comments (2)

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.

Kotlikoff: U.S. Government Going Broke

September 28, 2009 – Comments (1)

Boston University economics professor Laurence Kotlikoff says the government “is going broke.”   [more]

Pepsi To Cease Advertising

September 28, 2009 – Comments (5) | RELATED TICKERS: PEP

'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.

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Faber: Choose Stocks Over Bonds, Cash

September 25, 2009 – Comments (3)

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]

Gross: Housing Recovery No Cure

September 17, 2009 – Comments (0)

Housing will not rebound to its former exuberance once the economy rebounds, says Bill Gross, manager of bond giant Pimco.   [more]

Rogers: We Need More Lehmans

September 16, 2009 – Comments (0)

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.”

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Stiglitz: Financial Woes Worse than a Year Ago

September 14, 2009 – Comments (1)

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.

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