A CHANGED ENTREPRENEUR LANDSCAPE: Panic Aplenty: Selling and Buying Too - Barrons.com
Another interesting aside to ponder (brought up by a recent article on entrepreneurs) and comparing things to 1980, is that in 1980 housing prices were up and still to head higher.
Thus, while interest rates were stiff, there was equity available to entrepreneurs to get going when Reagan's enlightened tax policies were passed.
This time, that equity isn't there and likely won't be.
Thus, the whole to dig out of is far greater; and, no matter who or which party wins the next presidential election, it is likely that this will still be a heavily divided country and those who want to keep their money and those that want to take it and redistribute it may see no clear victor?
Saturday, August 13, 2011
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