Recession:

Just search on google for so many AUTHENTIC reasons for the beginning of the recession.....my take is:
In US it was because people were bloody show offs and felt they could BUY the world without actually paying a REAL penny.....as the country itself believed to be the ruler of the world, so it was obvious that the citizens were bound to get effected somewhat........the European contries felt the pinch because they are stupid and come what may follow US economy...as for Japan (noone really cares).....which brings us to China and India.......
China: They were saved from the recession maily because they dont understand English, by the time they searched for meaning of RECESSION the actual recession was practically over (perfect example of blessing in disguise).....and....
INDIA: We had so many stories India Shinning and all.....Every other guy had money to put into stock market......an auto rickshaw driver, a hawker, peons, every other guy had money (beg borrow or steal get some money) to invest in the formula to make(100% sure shot formula) to earn 10 times (atleast) more money ....you guessed it right RELIANCE POWER IPO....people actually pooled in money to invest in the IPO....and BOOM it blasted on the day of its issue...this was the start of the fall....this holds true => The higher you are The harder you fall.......
The mass lay offs, the increments turning into decrements, the panic, people started to take out money from stock markets and putting into FDs.....the numerous suicides....it kept on getting from bad to worse.....you must have read so much so lets leave it to that....
Hmmm lets just say that The higher you are The harder you fall....... and The harder you fall The higher you bounce......
Still feel that the time is getting better but lets ensure we do not jump the gun again....
I started writing this post with the intention of writing a fun post and ended up writing this...next time will try posting something serious instead.......


P.S: I did invest in the RPower IPO and was one of the lucky few who did not lose money and were able to sell the shares at breakeven value.....