what if the recession not been there....

Canada
April 23, 2009 6:26am CST
well in this 2009 where ever we see or talk ..talk ...there is of recession... what is recession...what if ..there has not been recession.....lets share our opinion..and if it is here...how does it has effected you
1 response
@arkasen (748)
• India
23 Apr 09
Recession is economic slowdown for which the business cycle is getting hampered. If the buyer will not buy then how the seller will earn profit. Again the seller is also a buyer of something else. So what happens is that everyone's earnings are decreasing and therefor everyone have to cut down their expenditure and that is also hampering others. I think before June 2008 the market was in its boom. If the recession was not there then there would be boom in 2009 also. But the business cycle can not be at pick always so it is quite obvious that at some point of time there will be a recession. Now talking about myself. I am a great victim of this recession. I am a computer science engineer. I have got my job in 2007 in campus interview when the market was at its top but due to recession I am still sitting at my home and waiting gor my joining. Best of luck. keep mylotting.