“It's the economy, stupid ", a phrase developed by James Carville, a campaign strategist during Bill Clinton’s successful presidential campaign in 1992 was the slogan that led Bill Clinton to victory. While the 2008 campaign reflected President elect Barack Obama’s “ Change we can believe in”, the economy is indeed worrying every person. And, the markets eagerly await the inauguration of the President Barack Obama on January 20 th , 2009. Newsweek reports that he economic crisis is far worse than what we think. Everyone is so fearful that I wonder whether the self fulfilling prophesies will take effect. When I was a student, I did not quite realize what an economic recession could do, life just went on. Now, when I look back, some of the worst economic recessions were during my college days. The first few years of work life introduced me to the world of economic recessions. I did an economic quiz though it is very American centric and achieved a score of 70% In Asia, the n...