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by burnte 3211 days ago
Indeed. Busts help shake out weak players and snake oil salesmen. Bad companies go belly up, releasing proven employees and resources. Government and business coexist in an ecosystem, a balance is necessary between the two or one grows too powerful, choking the ecosystem. Booms and busts are natural weather cycles. Busts are like a hard winter, they weed out the entities without the necessary fitness to survive.