Hyper Report - 100720

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First...
Cameron Raids Dormant U.K. Accounts As Minister Attacks Banks
U.K. Prime Minister David Cameron announced plans to use “hundreds of millions of pounds” from dormant bank accounts to fund community projects. A law passed in 2008 under Gordon Brown’s Labour government allows the government to use money from dormant bank and building-society accounts “for social or environmental purposes.” An account is dormant if the holder has made no transactions over a period of 15 years. Now will the time period for a dormant account be dramatically shortened to let's say.... 15 months? Knowing elected leaders.... the answer should be obvious. In the US, we already know that banks already
close dormant accounts. So is your money really safe in the bank? Even if you have less than $250,000.00? I say No to both of these.

Next...
China Now World’s Biggest Energy User
China overtook the US last year to become the world’s biggest energy user according to the International Energy Agency. This came sooner than expected because the US has over the last decade been using energy more efficiently. A big consequence is that China increasingly determine how energy is used on a global scale and will be pitted against the US to secure natural energy resources. For Example.... Saudi Arabia, the world’s most important oil exporter, for the first time last year sold more oil to China than the US, which for decades
had been its most important customer.

Next...
The Flight of the Money - Where Has It Gone
A major business story going unreported is the very long list of iconic American brand companies, such as Wal-mart, are closing countless stores, shops and restaurant locations here while expanding and opening outlets like mad in other countries Companies like Ford and Microsoft are moving hundreds of millions of dollars to investments overseas. In short, The government fiscal, and social, policies have terrified the business community; so that, capital is leaving and cash is being hoarded. Even worse is the fact that a fast-growing majority of institutional and individual investors believe we are nowhere near bottom of anything. Investers will most likely keep the money out at least through 2012, but perhaps longer.


Next...
Homebuilders Losing Confidence In The Recovery
Homebuilders are feeling increasingly pessimistic about their industry, more evidence that the economic recovery is slowing. The weak job market and an increasing number of foreclosed properties have prompted builders to limit construction of new homes. After the tax incentives stopped, new home sales dropped 33 percent to slowest pace in the 47 years records have been kept. So get ready....

Finally,
Please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.

Good Day

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