I think this could be the source of a lot of interesting discussion w/r/t startups. In particular, I'm interested in people's opinions regarding the influence that this will have on the ability to create startups in the US in the future.<p>I am (was?) planning on starting a company with a few friends when I come back to the US this September - will this still be feasible? What sort of impact can I expect this sort of event to have in terms of getting funding/etc. Do you suggest that I just scrap the whole intention to create a startup and try to buckle down and get a job (in case the economy gets really bad)? Should I consider leaving the country?<p>I expect that most of the answers will be "things will be bad" or "it will be hard" - but I guess I'm looking for something more concrete/specific (if possible?). I'm pretty naive about matters concerning such large scale systems as the US economy/etc.
I am quitting my job in 6 weeks to freelance. All this news about the recession is kinda freaky. The wheels are in motion and I am not turning back - recession or not (gulp!).
every depression since the big one has gotten milder. If you look at the actual numbers the people getting burned are the assholes who made idiot wagers on the housing market. The only thing that will make the recession worse is funding bailouts with taxpayer dollars while we're already in thehole for the war.