Unemployment has been climbing from ages ago and now it reached its peak at this time. Stock markets have been jittery all over. And, then the official declaration of recession!
Every company is practicing cost cutting now, layoffs has became the favorite game of all the companies around the world (hey bud, we have fired 20k! what about you guys, huh? 5k? bullshit man!)
There is an old joke among economists that states:
A recession is when your neighbor loses his job.
A depression is when you lose your job.
Recession is like the period of depression when a guy gets rejected after proposing a girl. It takes time to overcome that. One needs to be in good spirits to survive this crisis period. A recession generally lasts from six to 18 months, lets wait then...
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