Economic growth and stability is all about entrepreneurship and creating new business, new growth, and new ideas. Business undergo a cycle
from birth to middle age to death.
Profits are usually best in the beginning, but fade over time as the products become cheaper to produce and competition makes similar or better products.
New ideas are what led to the technology boom.
Creation of new things that improve the quality of life and make goods accessible to everyone is what makes everyone better off. What the peaks and troughs in the economic curves are really about is massive wealth transfer. In times of recession/depression like this the ones that are benefiting are the Warren Buffets and George Soros' of the world who can buy cheap now and wait it out.