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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Pogeu Mahone who wrote (56349)

10/17/2014 5:09:11 AM

From: elmatador

Respond to of 71406

If oil stays at $80- $90 a barrel for over 12 months? Fat will be removed from the oil business!
They will push for efficiencies.

Every business has been forced to lower costs of doing business in the past 20 years.

Retailing, Air trevel. Hotels. Tourism. Not oil business. It continued inflated as ever.

when the Chinese entered the telecom market, the traditional operators faced: compete or die!

I saw many travel restrictions as people who used to travel up and down for nothing now had to travel only if business warranted.
Head count pared to the bones.

$80- $90 a barrel for over 12 months overall is good for the world economy.