You're very protective of this community, David, and I appreciate it. But this economic crisis is not only a once-in-a-lifetime event, but it has tremendous consequences for start-ups.
It's better just to flag what you don't like. Personally, I find this article to be both insightful and important.
Heh, I suppose I get a bit wrapped up in it. Living in the middle of the Tirolean Alps, and not speaking much of the local language (German), I don't really interact much with hackers outside of this site, or pretty much at all in real life, which is less than ideal - I'm a fairly social person. Hopefully we'll be back in Italy in a few months and things will improve.
> But this economic crisis is not only a once-in-a-lifetime event, but it has tremendous consequences for start-ups.
Sure, but plenty of real, serious economists are still discussing the great depression too, so I am quite sure that there will be enough discussion about current events to last at least a generation. This article wasn't really all that directly related to startups, either. I thought it was pretty evident he wasn't talking about plain old stocks and bonds, but a lot of the wackier things going on (CDO's, CDS's, hedge funds, etc...). Even there, though, he was doing it in sort of a facile way that probably doesn't add much to the debate.
It's better just to flag what you don't like. Personally, I find this article to be both insightful and important.