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The US small business failure rate in the first 3 years is around 70% the last time I read about it. Not sure exactly what percentage of change in those numbers would have a substantial effect in a couple of generations, but forbidding investment in marginal enterprises would seem to be good for the economy. I would imagine this is one reason why an authoritarian country like China has been so good in competing in the world market. Capital is not wasted on millions of small stupid unsuccessful business ventures and is concentrated in closely analyzed large ventures.
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1977 300d 70k--sold 08
1985 300TD 185k+
1984 307d 126k--sold 8/03
1985 409d 65k--sold 06
1984 300SD 315k--daughter's car
1979 300SD 122k--sold 2/11
1999 Fuso FG Expedition Camper
1993 GMC Sierra 6.5 TD 4x4
1982 Bluebird Wanderlodge CAT 3208--Sold 2/13
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