There is a big bubble brewing in the financial market. The trillions of paper /currency US treasury minted are not helping. The stock market is at an all-time low.
I have been speaking to founders and investors off-late. Some predict a meltdown for the next few years.
I graduated in 2007, in a recession. India had less impact and risk from the global market then, and now we are more connected. It will impact us.
The wise advice is cost-cutting and staying frugal.
In a bootstrap dhanda, you are always in recession or cost-cutting mode. So a few who are running a business on deep fundamentals and addressing customers’ pain points should not be worried.