Are we heading towards recession like 2008 wherein people have cut down their spendings and companies are laying off their employees, we can see cost-cutting everywhere, is it really a recession or just the panic about an uncertain future which is creating a gloomy atmosphere everywhere?
I do not see any recession in my own country and we have much economic boom at the moment.
There is no worldwide recession like 2008, which country are you trying to talk about as a case study ?