THIS IS NOT FINANCIAL ADVICE, PLEASE DO YOUR OWN RESEARCH
Everyone agrees that we live in interesting times, we have the pandemic, still going on restaurants were hit hard, the economy isn’t doing too well, The federal reserve is going to print more money to stimulate the economy, and will create a boom, for the inevitable bust in the future, not to mention the inflation that would be created, which will make prices of household goods go higher. The economy is getting back on track, some states are reopening, people are going back to work, people are learning to live with the virus.
As I research financial recessions and depressions, I noticed one thing, there is a lot of start-up capital being offered by the banks. A lot of businesses were started during depressions. So in every recession lies an opportunity to start a business or start something new, they call this the great reset. . we all know that one big part of stimulating the economy is making a lot of loans for small business, startups, and businesses that want to make a come back. below is a list of companies that were started during recessions.
- Burger King, ( was started in the 1950s)
- Microsoft ( was started during the 1970’s financial recession, was actually started in 1974-75)
- Fed Ex ( Started in 1971)
- Trader Joe ( 1958)
- General Electric ( 1892)
- General Motors (1908)
- IBM (1911)
- Disney (1929)
- HP (1939)
- MailChimp ( I’m sure most people are family with this, well it was started during the 2001 recession)
- Uber ( this is very common, it was started during the 2007 recession)
- Groupon ( 2008 recession
My friends, seem like in every recession there is an opportunity to rebuild, and start something new don’t get left out.. and don’t get used to receiving stimulus money just to pay your build.
Note that it doesn’t really matter which president is in office, the main thing the feds know how to do is print money, which they have done in almost every recession.
disclaimer: This is not financial/investment advice. Nothing contained in this website should be construed as investment advice
