Economics Market. redefined

In economics prof was teaching about the markets.
He explained that there are 2 types of markets :

1. Product markets
Consisting of goods and services

2. Financial asset markets
Consisting of bonds and securities, etc

I started thinking about the crisis that we all are facing right now and found that the global recession was owing due to failure in both the markets.

HOW ?

All know about the financial markets crash. Pages and volumes of books have been written regarding it. The sub-prime mortgage crisis and the financial crunch leading to the meltdown of the global financial firms to a 9/11 scenario.

About the other side of the coin, the products market. The FMCG, automobile, manufacturing all the market sectors have been badly driven off the upright platform; to explain product market's downturn. More than that Im concerned about the downtrodden effect and the impact of the food grain crisis, envoirnmental downturn, reduction of biofuels and natural heritage. This product crisis leads us to the ecological back-lash emerging out of our greed-need to assurp.

The point is as many researchers say :

Financial business cycles are sine-cyclical in nature so would jump back on its feet once again.
What about the ecological market.... Would the soo called product market reallign itself without any expectancy of returns like financial markets or is it the end of a yug as written in Hindu dharma or 2012 ??

Still we can work forth towards damage control..!!!