What is your take on Government debt?

Seeing a lot of posts on profitability of startups and I'd like to burst some bubbles. Debt is good for companies because debt's value decreases as inflation increases. Most successful companies of today leverage debt and managing risk, not by using cash in the bank all the time. Plus inflation and money printing has been pretty steadily growing in the last 30 years or so. Elon is a good example, he takes loans against his assets and equity and doesn't take a salary. Saves tax and still has money to use. Most people take EMIs even if they can afford something in cash to have more flexibility with their payments plus save taxes. Yes, it's riskier. If things go south you can lose ownership of assets. But in a global economy that mostly runs on debt with even countries being in deficit, debt is a useful tool for those who have access to it and can afford to pay it off against other assets or cash. My startup has no debt right now but we did have debt and were unprofitable over periods when we invested more into product and growth. It's all about balancing priorities and managing risk well.

To be very honest I feel very frustrated looking at the situation right now. Companies are laying off without worrying about the employees. It's just corporate profits everywhere. I am scared to death that my career won't last long than 20 years because the moment these folks think you are becoming a financial burden on them, they'll lay you off. I don't want to live my life in a constant war mode. The Indian education system has bruised my personality for a long time. I want to relax but looking at this battlefield I can never. My weekends are spent worrying about planning for finances in case I get laid off. I am worried I won't be able to buy a house. This shit is depressing me very much. Other folks please tell me how are you navigating this mess?

Fixed return markets that are giving better returns than FDs like govt bonds and debentures are not gaining much hype in India, even though a lot of new people have started investing in the market. Is there any reason you see, where this market is lacking or things that should be improved upon?

The US is in its late stage capitalist phase, a ship that's going to sink for the next 50 years. If you're a young person there it doesn't make sense to work as hard as your Grandpa the reward on average isn't as great. India on the other hand is poised to become a great multi-trillion $ economy. Onto something huge. We're talking like 10x growth of the economy here. Start-ups that have made it like Razorpay, Swiggy, PayTM, even Cred, if they survive will be really huge as capital in the country, liquidity and lifestyles go up over the next 50 years. Be the capitalist, take the risks, make bets, work and stack up promotions and money. Don't join an Infosys and work 70 hours there, do it for a start up of any scale you believe is going to make it. Or better yet start your own.

What are you guys doing to over come the risk of US default?

Think outside the box. Don’t say you’ll put in fd. I’ll spend it on- 1. Buying a house 2. Investing in a few startups who’re truly trying to change the status quo 3. Go on a one month euro tour