Is the worst of RECESSION over ??

I think the recession is not over,but  it is not going to be more worst.All the countries are trying to control the degradation of private companies as well as of own companies also.But  recession  harmed  to the base of economy so we can't say that the recession is over, to over come from this problem it will take very much time.Recession is  not affected on any one country only,it affected on the whole world so,to control on this is not possible in near future.For example we know that the Indian market is very large but our economy is also somewhat depends on the US economy.Because the most Indian IT companies get work form US. But  because of recession the US companies were went to the loss so they didn't ordered to make any software to IT companies and because of that IT companies were went to loss because they were have not work but they have to pay for there employ , so they started firing the employees,now without job that employ can spend money only on important works so by this the other companies are also affected because there customers become less and in this way the companies which are depends on India are also went to loss so economy of that countries were also affected,so it is not easy  to overcome  from the recession  to all over the world,because here is the economic chain between the countries.....