If most businessmen and entrepreneurs had a choice, this bad dream of recession that may soon be plaguing the world is a nightmare that they would want to sleep on. A crisis is upon the world and apparently many of these traders and businessmen will have sleepless nights ahead.

Most of them will be counting and computing figures for sure. Money lost is something that will drive anyone crazy. So with all these issues in mind, who can afford to sleep? Knowing these people, they would rather stay up and look for other means of investing their money. It is just an issue that some people will not pass.

Falling stock markets are a lot more bearable if you know what to expect.

So let’s study a little history. Back in early 2001, the markets were in a position similar to the one they’re in now, and a whiff of panic was in the air. Headlines in the Canadian business press back then show it was justified in the short term, because the ensuing bear market was long and severe.

The longer-term view from today makes all the fearful recriminations of early 2001 look almost quaint by their datedness. Here’s one for you: “Research In Motion shares plummet,” from Jan. 3, 2001. A couple of days later: “Research In Motion continues to spiral.”

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