RECESSION-omnipresent

Recession.....Recession....Recession.....
Thats wat i see,hear everywhere.
Open a newspaper and u see headlines
"IT sector badly hit by recession",
"XYZ company goes for cost cutting;curtesy recession".
Switch on a news channel and u see and hear discussions on recession.seems like its only the news channels that are making money in this period of recession.
recently i read a story on recession whiech i like to share;the story goes like this

This story is about a man who once sold "Wada-Paav" (spiced potato patty in a bun) by the roadside. He was illiterate, so he never read newspapers. He was hard of hearing, so he never listened to the radio. His eyes were weak, so he never watched television. But enthusiastically, he sold lots of "Wada-paavs". He was smart enough to offer some attractive schemes to increase his sales. His sales and profit went up. He ordered more a more raw material and buns as sales went up. He recruited more support staff to serve more customers. He started offering home deliveries. Eventually he got himself a bigger and better stove. As his business was growing, the son, who had recently graduated from college, joined his father. Then something strange happened.The son asked, "Dad, aren't you aware of the great recession that is coming our way?" The father replied, "No, but tell me about it." The son said, "The international situation is terrible. The domestic situation is even worse. We should be prepared for the coming bad times." The man thought that since his son had been to college, read the papers, listened to the radio and watched TV. He ought to know and his advice should not be taken lightly.

The next day onwards, the father cut down his raw material order and buns, took down the colourful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff strength by giving layoffs. Very soon, fewer and fewer people bothered to stop at his "Wada-Pav" stand. Eventually his sales started coming down rapidly, same as his profit. The father said to his son, "Son, you were right. We are in the middle of a recession and crisis. I am glad you warned me ahead of time." Moral of The Story: It's all in your MIND! And we actually FUEL this recession much more than we think we do!

Now am confused is recession really there affetcing our libes OR are we rightfully fueling it?
always wondered how one country's economy slowdown affects other countries?are we rightfully proving the world to be one without boundaries.
this RECESSIOn hit my office too...
and this recession is not just in terms of bussiness or economy.
it hit the soul of the employees.
The cheerful atmosphere is now clouded with tension.
The eyes wich had dreams of promotions,incentives etc now have fear of facing the unemployment again.
The thoughts of buying a house or a new car are now repalced with graving thoughts of 'how to pay the EMI?'
donno for how long this is gonna stay on for.....
lets see...........