Is the World Recession Coming to an End

Most of the news articles that I have been reading or seeing recently contained good news about the economy of the leading nations in the world.From the US to the nations in the Far East there are signs pointing towards a pickup in activities that are leading indications in nations economy.This would be good news for the nations in general and individuals in particular. Recessions are bad news for everybody and this one was not any different. There is something though that can be said about recessions. It looked like it does not hit the people that are already at the bottom of the ladder in terms of economic success. The reason in my opinion is that these individuals have adjusted very well to living with the little that they have. They may be farmers, small businessmen, traders and hawkers. They have the fighting spirit in them and the recession seems to be an everyday thing to them. They just ride along with it.
The big guys though feel it the most. The adjustment that you have to make especially if a job lost is involved is pretty drastic. You can find yourself going from owning a car,renting your own apartment to losing all of that and finding yourself in the street somewhere. It happens and you have to be a very strong individual to be able to survive it. Some people do not make it and some that do are never the same after the recession is over.
I am currently living in the Republic of Cameroon and the country according to their present minister of public works, went through a recession that started in the late 1980s and lasted for a period of about 15 years. This current world recession did not seem to affect a lot of people here in my opinion. Things such as foodstuffs, gasoline prices went up a little but that was about it. There was one mass strike during the current recession period in the country and it had to do with gasoline prices that where due to go up. The strike was staged primarily in the economic capital of the country, which is Douala,though various other smaller cities were involved.
If the current world recession is really coming to an end what are the lessons that we would have learn from the current crisis. Greed drove this recession and a little bit of moderation in our lifestyles might help prevent future severe recessions. The minor ones are always going to be around due to the law of economics. You can not continue to have good times all of the time. There is always bound to be a downturn. The idea is not to make it a man made downturn as the great depression of the 1920s and this current one were.