How long will it be before the economy is back to the kind of performance it was experiencing before the 2008 recession began?
Politicans will say anything between one and three years, depending on how close an election is in their country.
But when it comes to those who really know, the forecast is a lot more pessimistic. For example in Monaco recently according to this blog 20 Years Before The Economy Will Get Better, Say Experts in Monaco it’s going to be a while yet.
The financial experts include hedge fund managers, leading lights from some of the Monaco banks along with others who are paid to know these type of things.