I see, I think it's implied there that if you're not wealthy then forming a business while assuming all the liability of the business is an equally or larger moat to cross for the poor.
It means that as soon as you screw something up or just get unlucky you might not only lose your business, but your personal savings, house etc.
You're correct, this is the opinion I was trying to get across in my original comment about the inequity in the German system relating to limited liability firms.
It means that as soon as you screw something up or just get unlucky you might not only lose your business, but your personal savings, house etc.