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/biz/ - Business & Finance

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12670962 No.12670962 [Reply] [Original]

What's the most likely to cause it? How do you survive one?

Thinking about starting a business but it seems to me like the economy is about to dab on everything soon.

>> No.12670973

>What's the most likely to cause it
literally everything is at its peak.
>how do you survive one?
have cash reserves

>> No.12670980

>>12670962
Not everything suffers and certainly not everything suffers equally in a recession. What sort of business are you looking at starting up?

>> No.12671084
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12671084

>>12670980
I'm an engineer and mostly work on building production lines and such in Eastern Europe. I already have some connections in industry, I wanna become a contractor and/or start my own outfit. Pretty worried that once the crash hits, there will be much less work for my kind.

I can make more money and have more control over what I do as a contractor but the possibility of industry shutting down worries me. Then again, employment is anything but guaranteed anyway.

>> No.12671126

>>12671084
Good luck, OP. You can do it.

>> No.12671146

>>12671126
I wish I had started 5-6 years ago. Now I feel like we're overdue for a crash and all the funding for new factories, powerplants, workshops, IT infrastructure etc is going to dry up for another half a decade.

>> No.12671157

Recessions are normal just like genocide is normal. Stop worrying and enjoy the decline goyim.

>> No.12671166

>>12670962
>muh economy

>> No.12671173

>>12671146
Im in the same position. I was too young so I missed almost every bullrun and seems like there is only despair left for us. I wish I was a boomer.

>> No.12671249

>>12671173
Well if you are doing some sort of physical product/service then recessions are not necessarily devastating so long as you don't get caught with your pants down early on. Which is exactly what I am pondering right now.

There's been quite a while since the last big recession so surely there are bubbles ready to pop somewhere.

>> No.12671660

>>12670962
Next recession is 2020 and its gunna be big

>> No.12672675

>>12670962
2022