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Are we in for the next business boom?

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Oil Prices are a huge factor in business startup costs, since they affect the cost of everything under the sun. The oil wars promise to drive oil costs lower. While there is a chance that we're going to see higher interest rates very soon, savings in the US has gone up exponentially.

This seems to indicate an potential for a boom in small and startup business outside of the tech sector?

What do you think? Are there factors I am missing that would halt this kind of activity?

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The increased regulatory burden is one headwind facing startups.

Does this hit just one sector, or does the problem run the gamut?

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The oil wars promise to drive oil costs lower.

Oil costs are lower because of decreased global demand, the Saudi's continued high production, and the increases in American output.

 

While there is a chance that we're going to see higher interest rates very soon, ...

They (the smart people in the room) have been predicting higher interest rates for the last eight years. It has not occurred yet. Any bloke on the street can get 0% APR for 18 months today. Why would the banksters be offering that if they anticipated a rise in interest rates?

 

... Savings in the US has gone up exponentially.

Savingd for the top 10% certainly, but not for anyone else. The new jobs being created pay less than the old jobs sent overseas by the trade pacts. Student loan debt is a massive drag.

 

This seems to indicate a potential for a boom in small and startup business outside of the tech sector? What do you think? Are there factors I am missing that would halt this kind of activity?

As long as the middle class and below have no spare change in their pockets, you won't see a boom in small and startup business. 

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we are about to reap the rewards of Obama's successful presidency. 

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we are about to reap the rewards of Obama's successful presidency. 

Nice if you own stock or are one of the 1%.

 

For the average Joe-working-guy, Obama has been an utter failure.

It will be a long time before the opportunities he had in 2009 will come again. 

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Are you Kidding? All I ever Still hear is Cut, Cut, Cut, no Expenses, get every drop out of everyone. Still running an Ancient Dell with XP with our Legacy DOS programs. Make sure you print everything in Black, no Color. Oh and no $125 Clothing allowance for Co. branded shirts, jackets and such this year. Someone's making Money but it's not Us down here in the trenches.

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