Recession... my views...!!!

Welcome back! As promised, I am posting my write-up on Recession. This is not an article, or a story. I am sharing excerpts from my diary.

Your inputs will make this more interesting. So send in your creative, innovative thoughts. Here you go!

Recession! This has become a buzz word now-a-days. People discuss more about recession than cricket, politics and saas-bahu serials. Someone might not feel offended if you use F word against that person, but ask a simple question, "How is Recession impacting you?" and people feel offended, weird but true.


It all begins with one big company filing for bankruptcy, and declaring debts that they could not pay. These debt amounts run into billion of dollars. I wonder how these amounts reach to so astonishing heights and no one notice it, before a company voluntarily surrendering. Are the US norms so weak that they do not have any control or supervision on such big financial institutions? US is great, they could find life on Mars, invent water on Moon, but they fail to spot irregularities in fund management by crucial companies, shocking and surprising, right?

You will say why one company's fate decides economy of all countries? The reason they give is it’s because we are part of 'Global Economy'. I don’t understand this at all. If we are really part of global economy, then why downfall of Zimbabwe or Tanzania's economy do not affect any other economy?

The very first step to combat Recession is "Cost Cutting". Corporates 'cut cost' wherever possible. Things like free transport, news papers, and magazines become a past. I know a company which has given a quota for each employee for using toilet papers. I wonder what the employees would be doing once they run out of their budgeted quota.

The next step is recruitment freeze and hold increments of employees. Surprisingly employees do not complain and rather feel grateful as they still have a job. Something unusual. Some companies do offer increment, which are even lesser than peanuts. I overheard this conversation in a train between two colleagues.


1st: Hey, you know what? I got increment in this time of Recession
2nd: Wow! Amazing man, even me too!
1st: Great, how much you got?
2nd: 1.28 percent, buddy it feels great, I am so happy. I could buy one extra burger every month now. How about you?
1st: I am luckier than you, I got more, 1.31 percent. I could now buy some toilet papers once I run out of my budgeted quota.

The ultimate stage in Recession is lay-offs. Companies term it diplomatically as "down sizing". I wonder if the word is 'down sizing', then why it does not start from top? Down sizing always start from bottom, with laying off juniors. The common method id Last In First Out (LIFO). If you are the last one to join a company, is it your fault? Yes, in times of Recession.

Every morning people read news papers to check how many employees have been laid off, and from which company. I guess every night employees will be praying, "Oh God, give me one chance, please don’t publish my company’s name in tomorrow’s new paper saying they are laying off. If I am still in the job, tomorrow, I will offer you half candle. Try to understand, recession time, cost cutting time, so just half candle."

There are many effects of Recession. Difficulty in getting job for freshers, to job less people, all kind of problems we face.

Have you ever imagined what will happen if Recession hits heaven and hell? God will have to fire few angels. There will be less people dying on earth. May be there will be tax to go to heaven. I wonder if Gods will announce stimulus package.

Could you think of somehting else? Time to get creative, innovative and think something hatke. Send in your inputs on what will happen if Recession hits heaven and hell. I am sure we will have amazing inputs. Your time starts now!