Big corporporations are cutting their budgets to tide over the current economic meltdown. If the similar things are followed domestically, we are labelled as stingy. I don't know the reason. Being simple is always beautiful.
Look at Dubai, over ambitious not bothered about the impending economical collapse it went ahead with mega projects... see its current status even Big brother Abu Dabhi is having a second thought in undertaking its Entire debts.
Tough time always provides an opportunity to identify a true friend. Henceforth, never curse any adverse conditions.
Likewise, many developed nations across the globe discouraged the habit of savings . On the other hand, the government encouraged its people to spend their lives on debts.
The result pushing millions into the debt quagmire.