They say fashion is affected by what’s going on around the world. In this case, the recession didn’t even spare the hand bag, as we’ve seen on the 2011 spring/summer runways, it’s been ridiculously down sized.

Just few seasons ago, it was perfectly normal to stuff your Ipad, Iphone, camera, bottle of water, and even flat shoes into your oversize purse. This season, unless you know magic tricks to shrink objects, you’re gonna need to set up your priorities straight… and since there’s only room for a lolipop in these microscopic handbags, it will be tough deciding which object makes the cut.

From the catwalks to the street, the fashionistas have already adopted the new trend during the most recent fashion weeks.