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Cypriot Banks, “Run for the Hills” says Jim Rogers

Editor’s Note – They say it cannot happen here, don’t tell that to Jim Rogers, chairman of Rogers Holdings, on “Squawk on the Street”, he is ‘running for the hills’ over this. When you see what happened in Cyprus, and what is happening in Greece, the Euro is destined for the trash heal. No amount of bailing [...]

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Economic Disconnects – Disparate Universes of Success, Failure

BY SUA Staff – There is an economic disconnect – too many live on the scorched earth while others hover in alternate universes of success and prosperity – across the globe. It occurs to SUA that there are many levels at which sectors of society operate and we have reported on this aspect many times, [...]

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2013 Economic Outlook – GDP Decline, Jobless Rate Up

Editor’s Note – As the new year progresses into its second month, there are negative reports, but what do they mean? Are these the signs of what is ahead or do we need to dig deeper? We are receiving reports on the economy, the stock markets, the jobs/unemployment statistics, and a picture of the world [...]

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Fast Food – fastest growing sector – Stocks rise – why?

Editor’s Note- From the “who do you believe” file – again today – the Dow Industrial Average jumped back into the black today and closed at 12414.79, +286.84‎ (2.37%‎). After last Friday, what was the impetus for the massive gain? Does the market actually reflect our economy anymore? CNBC says: Stocks jumped on Wednesday, with the S&P staging [...]

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Financial world, SEC – preparing for ‘panic’?

SUA Staff – Summer is here – and in many parts of America its already too hot. The trouble is, a different kind of heat is upon us as well. With Friday’s dismal job’s report, where unemployment went UP. Where GDP gains were walked back and the previous two months were adjusted, in the negative, [...]

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Spain Banking Woes – Markets to open to the news tomorrow

Editor’s Note – Our markets here in the US were closed to commemorate Memorial Day, rightly so, but doubly good, because who knows what the reaction to such continually failing news would do. Even if they ignored it again, at some point soon, no one will be able to ignore it. World markets cautious over [...]

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Letter to the core of the Euro from Citi, G8 Summit

Editor’s Note – After the G-8 Summit at Camp David, and the raucous week last, Monday should be very interesting as markets open for trading tonight. The Debt Ceiling, the Greek disaster, Spain following suit… “Lions and tigers and bears…oh my…” In a sort of VIP sleepover, G8 leaders bedded down in rustic cabins in rural Maryland, where the [...]

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Bank runs, credit ratings drop, Greeks, Spanish, French

Editor’s Note – All over Europe, people are extremely nervous, Germany, Greece, France, Spain are all making moves; a confusing state of affairs across the board. UK Daily Mail Euro crisis: Run on nationalized Spanish bank sees customers withdraw €1 BILLION… Shares in Bankia, Spain’s fourth largest bank, fall 27% after media reports Greece forms government, but will [...]

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The Greek Issue – Banks emptied of Euros, Neo-Nazis rise

Editor’s Note – Today we see a stark new reality sweeping across Greece. The election has shifted the entire nation and for the first time neo-Nazis (See videos below) have attained power. Today, reports (See below) are emerging that indicate its virtually over for Greece economically, nationally, and civilly. The people are emptying the banks of [...]

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Financial System In Europe Is Doomed – Quotes from Leaders

Editor’s Note – Is it just a matter of when? Is it also the doom of the US economy? Is the White House telling us stories to keep us in the dark? The answer to each is a resounding – YES! The number of times we have reported the use of fictitious numbers, mis-leading rhetoric, and the [...]

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