Recession: A Time-Out to Reflect and Learn

picture of a hopscotch game on pavement The past couple of days, I have been hearing a lot of people voice fears about the recession in general and how it might affect them in particular. It’s easy to get caught up in the anxiety. Our economy is in major flux and chaos. Corruption is rampant and few legislators have the guts and the will to tell the truth and clean up the messes that are facing us. Every day there is some new story about a bank’s insolvency, more people being laid off and businesses shutting down. However, if we don’t let our fears engulf us, there are great individual and societal opportunities awaiting us amidst our personal and collective crises.

I love to play with words and I can’t help but notice that the first two syllables of the word “recession” are re and cess. Taken together they form the word “recess”. According to Dictionary.com’s primary definition, recess is “a temporary withdrawal or cessation from the usual work or activity.” Now, there’s an opportunity if I ever saw one! Just the chance we have all needed to stop, take stock, look around at the wreckage and begin to re-vision a more equitable and sustainable path for ourselves and others.

If the current economy is giving you an unexpected recess, use this time to contemplate these questions:

What do you see?

What needs to be changed?

Most importantly, what do you want?

What is one positive action you can take right now?

The stock market may be in free fall and the economy in flux but asking yourself these questions is one investment opportunity that you will surely appreciate over time.

Here’s a video about one man’s “recess.” For him, recession took on a whole new meaning when he was laid off.

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