RE: Identifying Opportunities In Economic & Regulatory Trends
Great article. It's always good to read ideas from the vantage point of sitting atop the world and looking at the individual pieces. Being American, obviously I am specifically interested in how things relate to American interests (I know, it's totally unpopular to lookout for one's self these days). One thing that nobody points out but surly should be pointed out (especially the President's people, ya know to kick up the image) is what the deregulation means for everyday people (American People). Complaints abound regarding jobs and specifically how hard it is to start a business. Well, regulation is a daunting barrier to entry! For instance elites own the banking industry. Why? because to start a bank you not only need the capital and assets but you need twice as much to keep the QC and legal team on retainer! Not to mention how long it takes to actually get all the business licenses for any given business venture. It has gotten to where you have to hire an attorney, for the right to start a business and hire actual employee to pay!