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Strategies & Market Trends : Currents of Currency -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (261)6/11/2014 10:37:49 AM
From: Ahda  Read Replies (1) | Respond to of 594
 
The sharing economy concept was very good costs were contained and people offered there wares to each other much like they use to, You do this and I do that moved from the local neighborhood to the broader world and very little cash was involved .

The mediator in the transaction of course had to make an income. . Now you have a much larger group of people who have to make an income as much of the mature world has changed from product production to finance.

The sharing economy came to be as it deflated prices and now it is in the process of inflating them.

This area in my opinion is far more vulnerable stock wise than most . One can go into competition with this type of service and the start up costs are not so great that it cannot be done.

Prices paid for these services have to inflate to carry earnings and legal costs.