It's important to remember that companies and programmers at the top of their games can still thrive in a down economy. There will always be software to write, especially in economic sectors that aren't directly wired to startups. Take ecommerce for example, which depends on income from the whole population. The whole population never recovered from the last market downturm, yet people still need to buy stuff, and increasingly do so using apps and the web.

I just hope urban real estate doesn't go even more berserk with investors looking to park otherwise uninvestable money.