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Current Global Recession - Boon or Bane

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Devrath_ND

Obsessed with Technology
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.
 

unni

In the zone
My observation: during recession, grey hair in IT people increased very significantly.
 
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
 

desiibond

Bond, Desi Bond!
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
 
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