Current Global Recession - Boon or Bane

Discussion in 'Chit-Chat' started by Devrath_ND, Jun 17, 2009.

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  1. Devrath_ND

    Devrath_ND Obsessed with Technology

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    Please share your opinion about its advantages and disadvantages.

    I am more interested in its advantages or positive things about recessions.

    For example i had learned that during recession activity on Social networking sites and especially in Matrimonial sites increases because two salary packets are always better than 1.
     
  2. OP
    OP
    Devrath_ND

    Devrath_ND Obsessed with Technology

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    Any comments will go long way in helping me.
     
  3. thul

    thul New Member

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    During recession people are laid off
     
  4. Rahim

    Rahim Married!

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    During reccession Real Madrid had the money to splurge on players like Ronaldo & Kaka :D
     
  5. unni

    unni New Member

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    My observation: during recession, grey hair in IT people increased very significantly.
     
  6. MetalheadGautham

    MetalheadGautham AFK

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    Boon. During IT boom, it was very hard to get a seat in computer science engineering. Luckily, this time due to lack of demand I got a seat for Computer Science Engineering in a good college :D
     
  7. Liverpool_fan

    Liverpool_fan Sami Hyypiä, LFC legend

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    Which College? Just Curious.
     
  8. mehra.rakesh

    mehra.rakesh New Member

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    lolz now that they have no jobs and hence have free time,,, it also helps them getting laid !!!! REALLY
     
  9. appserver

    appserver Third Eye

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    David Boon :D

    High speed is always risky and the speed breakers are for your safety!
     
  10. desiibond

    desiibond Bond, Desi Bond!

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    Boon for:

    1) students pursuing higher studies. Reason: by the time they finish Masters, market will be in full boom
    2) Employees getting not-so-high pay. Reason: with everyone doing cost cutting, companies will be looking for employees who doesn't ask for sky high wages

    Bane for:

    1) benchwarmers and employees without dedication
    2) employees with high pay
    3) Those who just finished masters
     
  11. MetalheadGautham

    MetalheadGautham AFK

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    Nothing great really. Amrita University Bangalore.
     
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