Smacks more of abject panic than it does common sense. If a company has to work that hard to survive, then it would never survive a 15-year (?? unprecedented an

Smacks more of abject panic than it does common sense. If a company has to work that hard to survive, then it would never survive a 15-year (?? unprecedented and hyperbolic) depression anyway. Better to sell everything off and close the doors. Seriously. If things are as bleak as the Sequoia panickers are saying, then most of their companies should probably just cut their losses by selling off capital assets and closing their doors. Better that than going down in three years with nothing left.