With the continuous weakening of our local currency and continuous climbing of inflation rate, people here don't care anymore if a recession will happen. I live in a 3rd world country so most of the people here just go with the flow on their daily living. Minimum wage is not enough to sustain oneself since prices of basic commodities have shoot up to the point that whatever saving techniques you do, it is not enough. Only the people that belongs to middle-class and above are able to prepare if a recession is bound to happen soon.
The sad reality that poor countries experiencing, people will just rely in governments. Hopefully people will still be able to save atleast for these events, it will benefit them once recession occurs. It’s hard to always rely in reliefs from governments or to be a burden to others. If we already live in a poor country we must aim high to survive than to just stay poor. Good to those who have mindset to prepare for crisis and hopefully many will inspire to also save for emergencies.