posted on Dec, 8 2012 @ 08:10 PM
If I run my business into the ground, the best means of repairing it is to accept the loss, rebuild from the ground up. Returning to the principles
that made it successful in the first place. If I simply take loans and leave in place the habits and practices that killed the business, I'm only
setting myself up for failure.
It's almost the same for everything in life, you go out partying too much in university, and your grades begin to drop, you don't try and find ways
to continue partying while getting your assignments in, you cut out partying and put your nose to the grindstone.
Hence, I don't really see any kind of "recovery" without a really crappy period in between, any kind of recovery at all. Although I still am under
the impression that the downturn was more a consolidation of wealth more than anything.
If people are suffering it's actually a good sign that things will get better in the future... (For some anyways...)