OTHER SIDE OF THE COIN- Recession/Depression

I should state that the fresh business graduates who are coming out of the Business schools in next few years or who came out in past few years are the most luckiest fellows ever. This situation may leave them with enough hassle when it comes to find an appropriate and attractive job to sell out themselves in the market. But, if someone is so ambitious about their management career and got big goals to achieve in their life, this is extremely a golden opportunity for them to experience and also keenly follow each and every corporate's success and failure stories. It is extremely substantial for them to sit back in their couch and clearly analyze the decisions taken by all those important people involved in the govt like Geithners and Bernakes. It is even breathtaking to observe all those mixed reactions from those executive Bobs and Pandits. It is time to let all those failures to teach successful lessons in someone's life to flourish them out with a successful management career. After all, it is all better to have this golden opportunity(Recession or even someone is not hesitating to state it as Depression) to occur in the early part of one's career rather than any other time.

If our Obama can't restrict this one at a stage of worst recession and if it is going to take a transformation into another Depression after 80 years(Hmm.. It is almost 80 years after our depression in 1930). Obviously, Each and every executive in this planet Earth must be facing this for the first time. Their three decades or four decades of experience have never taught them with these kind of lessons before. Atleast a good economist is aware of most of these situations. Even these are the times, when economists can make some money by publishing their awareness and Expertise. Economists weren't really cared by any of those executives as long as they are on their bandwagon. But once their wheels start experiencing lot of friction, these guys go back and open their Bibles and starts appreciating all those guys who have designed those mechanical principles. This is the time you can find all these executives having atleast one book based on economy floating around their desk rather than usual wallstreet journal. For all those guys who are highly determined to have successful management careers in the rest of your life, try to make use of this golden opportunity and build your own lessons, which should work for the rest of your life. Try to avoid yourself being another executive who would be responsible to end up this beautiful world with another great depression in the future.