Last night, I was catching up on the short documentary show 'Recession Heros' which I had missed the last couple of weeks. Fortunately, thanks to technology and XINMSN, you can actually watch it online, which is cool. After watching, it sets me thinking, are we ready for one?

Dow Jones and S&P 500 have not been able to hit new high and have been in  consolidating phase recently. It can go either way in coming months. Due to the recent correction, all regional indexes have also been down by more than 20%, and if it stays down with no signs of reversal, then the market might actually be in Bear zone. Thailand was also the first country in this region to have gone into recession since the major financial meltdown. Currencies have been behaving abnormally, most of the regional currencies(such as ringgit, baht, rupiah, rupees) have weakened alot against ...