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There have been 285 votes and 5834 hits
Our users have posted a total of 55 articles within 46 topics
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| Setting The Stage For a North American Union Currency |
| Posted by ProfitHuntersClub @ Fri Nov 09, 2007 11:22 am |
by Dana Gabriel
We live in a time of sky rocketing trade deficits. The housing bubble is ready to burst, and more and more jobs are being outsourced. America has become more of a service-based economy, resulting in a lower number of goods being exported. We are witnessing the death of the middle class by design. The dollar is being further devalued and its collapse is imminent. The global elite are looting the economy and setting the stage for a North American Union currency. They are the one...
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| Comments(0) :: More >> Setting The Stage For a North American Union Currency |
| Danger! 25 U.S. stocks to avoid now |
| Posted by ProfitHuntersClub @ Sun Nov 04, 2007 1:25 pm |
These likely losers come from sectors that are likely to sink some more before they hit bottom -- but when that happens, these names may be good investments again.
By Jon Markman
November 01, 2007
If the U.S. stock market were a Western, right about now an Army scout named Clem would look up from the campfire to remark that something didn't seem right. And the camera would pan back to show a line of Sioux just about to swoop down from a hill in full war dress -- bows cocked, arrows nocked.
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| Comments(0) :: More >> Danger! 25 U.S. stocks to avoid now |
| Prediction: financial forecasts likely to be wrong |
| Posted by ProfitHuntersClub @ Sun Nov 04, 2007 1:23 pm |
THE CANADIAN PRESS
October 29, 2007
TORONTO - If you wonder how much credence to place in economic predictions, you're not alone.
"We find that the forecasts not only frequently miss the mark, but they do so by a wide margin," writes Myles Zyblock, director of capital markets research at RBC Dominion Securities.
"In fact, after accounting for historical forecast errors, it's hard to take any of the point forecasts very seriously."
Zyblock's conclusion, based on a check of the accur...
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| Is your pension at risk? |
| Posted by ProfitHuntersClub @ Sun Nov 04, 2007 1:17 pm |
By Gordon Powers
October 26, 2007
A major shift in pension plan funding is driving employers to rethink their pension plan structures, forcing their employees to shoulder more risk in the process.
Faced with having to pump more money into plans or decrease the benefits, companies are increasingly moving workers away from relatively risk-free defined benefit (DB) pension plans into more volatile defined contribution (DC) plans. So much so that 33% of public companies and 55% of private compa...
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| Comments(1) :: More >> Is your pension at risk? |
| High Canada dollar eats into pension fund results |
| Posted by ProfitHuntersClub @ Sun Nov 04, 2007 1:14 pm |
Reuters
October 19, 2007
TORONTO (Reuters) - The Canadian dollar's ascent to a 31-year high "wreaked havoc" on third quarter pension fund results, according to a survey released on Friday.
Quiz: Are you in tune with the loon?
RBC Dexia Investor Services, which provides custody and administration services to institutions, said the median loss for Canadian pensions was 0.7 percent in the quarter to September 30. In the same 2006 quarter, the median gain was 4.7 percent.
That trims yea...
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| Make builders, lenders fix the housing mess |
| Posted by ProfitHuntersClub @ Sun Nov 04, 2007 1:10 pm |
The U.S. housing industry showed incredible creativity when it came to qualifying people for mortgages they couldn't afford. Let's make its leaders put their thinking caps on again and fix the problem.
By Jim Jubak
October 19, 2007
Remember Enron? The company claimed revenues of $111 billion in 2000 only to file for bankruptcy in 2001 when it turned out that revenues, profits and asset holdings were either wildly overinflated or didn't exist at all.
Losses to shareholders were variousl...
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| Harper brags about strong economy as loonie soars |
| Posted by ProfitHuntersClub @ Sun Nov 04, 2007 1:07 pm |
THE CANADIAN PRESS
November 02, 2007
HALIFAX - Prime Minister Stephen Harper boasted about Canada's strong economy Friday as he gingerly sidestepped delicate questions about the country's soaring currency.
Earlier in the day, the loonie jumped more than two U.S. cents to a record 107.18 cents US on strong employment data and a rise in oil prices.
"The prime minister doesn't comment on the level of the dollar," Harper said after addressing an aboriginal conference in Halifax. "Monetary ...
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| Comments(0) :: More >> Harper brags about strong economy as loonie soars |
| Bank of Canada Governor says Amero |
| Posted by ProfitHuntersClub @ Sun Nov 04, 2007 1:05 pm |
By BARRIE MCKENNA
WASHINGTON — Bank of Canada Governor David Dodge says North America could one day embrace a euro-style single currency.
But to get there, Canada, the United States and Mexico must first tear down barriers to the free flow of labour, which he pointed out Monday have “gotten a bit thicker” in recent years.
Answering questions from the audience after a speech in Chicago, Mr. Dodge said a single currency was “possible.”
The idea of a common currency has long been a subj...
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