Recession brings people back to reality. It busts all the bubbles and shows the bread and butter of human society. What's the essential elements that are required for people to survive? It's not financial product, not million-dollar houses, not SUVs, not $1000 dresses and not electronic gadgets or LCD TV.
It's food, basic clothing, basic housing with heat and road. Any government or corporation that negalect these basic needs will be ousted. No matter how well they brand themselves.
Recession took away the rosy cover of all the ponzi schemes, from Bernie Madoff to the all US financial market. In nature, a wild fire burns down a over-grown forest, and transform the half-death trees into fertilizer to give new life a chance to revive. Recession does the same to human society. It takes out the rotten structures and give new business and institutions a chance to start from scratch.
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