As I see more and more business closing up shop, I realize that recession might be a source of a good thing. Plagues are horrible event that destroy large percentages of the human population. The positive result of a plague is the percentage that survives is product of the integral part of the evolution theorem, “survival of the fittest”, thus making the human race more fit for advancement in the progression of evolution. Do economic recessions play the same role as plagues? I believe so, as long as the recession is induced by a mechanism of the market, and not the product of fraudulences of human greed. Recessions weed out businesses with poorly structured business plans and raged operations. We will have to see if the current recession will produce a stronger market for the future.
Peace before all,
Ashley.
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