During recession

lots of graduates , lots of companies , big salary tickets big cars and lavish life , well those were the days of the bull run . now its over to the bear , business runs in cycles first there is expansion(wht u call as gdp growth , profit growth in short a bullish era ). then as the economy heats up becoz of inflation (soaring prices of essential commodity) the demands fall as govrnment hikes up the interest rates so people dont spend much and save their money with the banks .
but soon there are hoardes of difficulties , may be because of NPA's ( non performing assets) > it is the beginning of the recession which if detoriates further may lead to depression (which is a rare event.. happened during the year 1929 . and major factor that lead to the second world war ) .
during recession the employee will realize how "loyal " his company is to him .
these are the times when majority of office lovers get their first love what u call as "pink slip " termination letter handed in the name of restructuring , downsizing (its an essential part of business cycle and no politician should make an issue out of downsizing or else the entire company would vanish ).
the major signs of recession are > the stock market crashes heavily , u would see beeline of trucks stranded on the road , no campus placements , joining date postponed for 2 years , you wont get calls from ur mutual fund salesman ,
You wont open the pink pages .
well i feel during recession , esp students .. they should make use of the time and invest time and money into studies , that would pay off during the bull run .
working in a small and medium sized company (midcaps) would be better . as the growth is assured and at a faster rate .
cut down on ur plastic money esp credit cards .... (usa is in ruin because of excessive credit misuse ...)
and last but not the least watch the spanish bull fighting and pray that the bull comes back soon ..