i've been thinking about this. interest rates are low. the banks are looking for borrowers. investors are looking for investments…
why wouldn't it be a good time to start up a company? find the right investors, hire employees cheap, pay low rents on office space… more tax breaks are coming down the pipe for capital investment…
Because in a recession, the challenge will be finding your paying customers, advertisers,etc.Yes, we laugh at all the people that are financially irresponsible. But to some extent, you sort of need them to so someone buys all the crap you develop. Perhaps a bad analogy, but i have a warped view of the relationship between consumer and businesses. Businesses are parasites that feed off the host (consumer). If enough of the host dies, so does the parasite.
