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  1. Depends on the person. Some people start a...

    On the other hand (I should have been an attorney!) - don't you think that "statistics" like 70 percent of businesses fail in the the first two years - would discourage a lot of people from...
  2. Also when times are great, people have a tendency...

    Also when times are great, people have a tendency to open businesses that would only work in good economic times. If you remember the .com era, when it was booming with start ups, many of those...
  3. Most start up businesses fail. Period. It's a...

    you could, but why? .....most businesses fail in good times....why risk your $$ when the odds are even worse
    im still seeing businesses go under...havent heard of anymore lay offs in a few months...
  4. Gold is a good example. I know one person and...

    Gold is a good example. I know one person and have met others that buy Gold when the economy is good (and the price is low) and sell it when the economy is bad (when the price goes up).
  5. If there's one thing about economics I don't...

    If there's one thing about economics I don't understand it's how in supposed hard times, people still find money to buy stuff.

    A lot of people are complaining about the economy now, but HDTV's,...
  6. Companies that started during the Depression

    One of my clients posted a great Facebook post today that I thought I'd share:

    Did you know that General Food and Macy's both started in
    1929? Westin Hotels, Neutrogena and Fisher Price began in...
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