Startups are pummeled in the ‘great unwinding’
Excuse me for getting a little bit off topic: I think these crazy times will cause startups, medium size companies, and especially individuals to, in the future, keep much larger cash reserves and generally exist more frugally.It is true that at least in the USA that democrats and republicans in Congress and the president are working overtime to shore-up their constituents (i.e., large corporations) so they will be fine. I think the help given to the mega corporations will be at least an order of magnitude greater than what is given to help individuals and regular businesses - I base this on what has been just been given to the financial industry in the last month.Frugal small businesses that we own ourselves are probably the most stable unless you are in the billionaire class.