Startups in a bad economy

Miscellaneous Forums/General Discussion/Startups in a bad economy

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We're entering a full-blown depression. Like the US in the 30's, only worse, and it's global. I still think starting a company is a good idea, but with a couple of caveats:

1) You must be able to start it with miimal or no debts.
2) It must cater to the times. Good businesses are:
-Food (people always need to eat)
-Security/home defense, guns
-Survival supplies
-Cheap entertainment, e.g: XboX live games
-Precious metals