Skip to main content

Posts

Showing posts with the label The Crisis

Recession Contingency Gears

The are many online articles saying that the 'deep recession' is coming. We must prepare now on how to avoid it and how to deal with it. Wherever we are and whoever our roots are, we are all a part of the present inhabitants of the earth.  Whether we belong to this or that generation, we have the common denominator at the moment -- the 'here and now' thing. History leaves us many lessons. We learned from what happened and what is happening, directly or indirectly. But what must be unlearned to learn more about a recession? Not everyone affected by the Great Recession has recovered fully by now, and it has left many wounds to many individuals families, communities and countries. What have we learned from the past recession stories? We always see a gear symbol whenever there is something to be figured out. It symbolizes a process -- how do we start, what should be done, and what is the goal to achieve in the process. In a financial crisis, particularly in 'dee...