Recessiondenial

Where an individual deliberately refuses to acknowledge that there is a recession or that they are affected by it, often in order to imply they are less affected by the recession than they actually are. Fundamentally a form of braggery and designed to irriate other people whilst elevating one's own percieved status. It has been suggested that some sections of society are so poor as to be in "Inadvertant Recessiondenial" as they have no income and things are actually cheaper in a recession so they are actually marginally better off. Some political economists suggest that as the recession deepens more and more of society will find themselves in this later position and we will enter a period of impoverished utopia.