Marc Andreessen was recently quoted for pretty much saying that the answer to the environment is economic growth. How can we get current environmentalists to notice this reality?
I’ll take that bet. I think the market will surge upward 20% by year end because of a Trump re-election then level off over the next 3 years as the blue wave rises and drowns out the embers.
I think this is spot on. My parents came from nothing but through entrepreneurship became well-off. That said they would rather me join the military for 20 years then become an entrepreneur. Same with my peers throughout high school and college. Very few if any had ambition to venture into entrepreneurship.
Other possible factors: negative sentiment towards business, less hours available to focus on business because of social media and video games etc, higher barriers to entry(though the argument can be made for the opposite too)