Business Continuity Disaster Recovery in the Credit Crunch

Hi I have been involved in Business Continuity and Disaster recovery for the last 20 years here in Ireland. I am just interested to know what others practicing in this field of expertise accross the world think the credit crunch will do or is doing to this area of business. Do you think companies will put of putting in a plan / updating it etc.. and why many companies are cutting back in this area when clearly the credit crunch could spell disaster if they dont plan for it or take it into account with their suppliers vendors etc.. in the plan. love to hear what you guys have to say regards Norman