"The companies were not unwitting victims of an economic down cycle or flawed products and services of theirs," he said.
"Even during the economic down-turn, Colombia's real estate market held reasonably stable," Mr. Main said.
Smartphones, Twitter and the internet can waylay workers for hours whilst longer days and less office space as employers cut costs to cope with the economic down turn also impact on feelings of well-being.
At the same time, the fact that an entire generation of entrepreneurs have not experienced an economic down cycle is a sign of concern for some investors.
Given that we are now in a major economic down-cycle (to put it mildly), raising money for a startup is likely to get a lot harder.
However, in times of economic down turn the mining sector tends to shed jobs at a faster rate and to a greater extent than other areas of the economy (Sprague 2015).
Fred Harman, general partner at Oak Investment Partners, said, "Much of the news media business needs to be reassembled online around an ad-supported model and the timetable for this has been accelerated, not slowed, by this economic down cycle.
"Ultimately the companies were not unwitting victims of an economic down cycle or flawed products and services of theirs.
If less people are crossing because of the U.S. economic down turn, yet proportionately more people are dying, how can you assert you are saving more lives?
But their tactics may get more aggressive as well because the economic down turn has made it more difficult for them to collect.
