Pakistan, March 23 -- Many attribute the turbulence with recessionary fears to the uncertainty of consumer spending. But in recent years, the prospect of denying global debt as a systemic issue has started affecting bond markets, sustainable consumerism, and the ability to distinguish between recessionary times and overall quarterly pessimism. Now, what we want to do is look at three factors here: the tendency to which consumers have confidence in spending, the ability of governments to control it, and how businesses play into the global spending goals.

For long, the notion that the economy is singularly dependent on simple demand and supply functions has been proven to be an accurate determinant of economic growth. But in recent years, ...