world today-Recession

current topic every where is recession.whats recession?My simple explanation: we paid extra for a thing, whose value was less and that value is under correction.Why we paid more for that?we might had more money or we might have faced more competition or both.
will it be rectified?yes ,coz our money reserves losted and automatically less competition.
How to face it? we can' t go to hybernation like a frog,but we shud sustain with our reserves.If no reserves? borrow or burn yourself just like big U till correction takes place.
Morale of the story: STOP SHOWOFF