Mish Shedlock looks closely at economic stories, and provides substance to the point I often make in teaching business start-up: no one needs money to start a business. You need customers. Until you have customers, you cannot possibly know what money you need. When you need money, there is no need to take a loan. Usually you can swing it yourself, or, take on a partner with money. No usury (or interest) is necessary to grow a business.
And so says the vast majority of members of the NFIB. A tiny 6% think their business problems are the result of no "credit." Actually that is surprisingly small.
It is all the various forms of government interference that are the problem. When you see poverty around the world, one should instantly think "failed government policy." Now, freedom is the key, but those who promise freedom really only promise to take over the means of oppression from today's government.
God help us.
Please feel free to share this post with three of your friends.
And so says the vast majority of members of the NFIB. A tiny 6% think their business problems are the result of no "credit." Actually that is surprisingly small.
It is all the various forms of government interference that are the problem. When you see poverty around the world, one should instantly think "failed government policy." Now, freedom is the key, but those who promise freedom really only promise to take over the means of oppression from today's government.
God help us.
Please feel free to share this post with three of your friends.
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