Supposed economic 'experts' tell us different position statements every week as do politicians world wide.
So where do we ordinary folks look for the best opinion?
Well I don't know quite frankly but this week I was talking to someone who is not an economist, not a politician, not some sort of guru - just a pretty ordinary sort of person with no axe to grind and no votes to capture. A bit like you and me.
This person said his view of the future is that through the problems we have experienced there will be learning for the ordinary punter. We are actually smarter than politicians and experts think.
He feels people will much more careful financially in future; that we will not see a ‘boom and bust’ economy again; that house prices will rise only steadily after the recession is over rather than the massive price rises we saw in the late 1980's and the 1990's; that people will try harder to live within their means and not overstretch themselves
So there you have it - an amateur view of how things might look once this recession is over. I think it is as good a summary as any I’ve heard from experts or politicians.