How long it may take for the current recession to come to normal?

Hi gayathri I feel this might continue for few more months it might take some 2-3 yrs get recovered. According to me govt should support more local companies instead of MNC(not against MNC but in this condition have to support local ones). and people should also contribute to over come recession they must go for more of their company products instead of imported one(I am not against importing) but to save some money for the country I mean the tax we pay will go to our country so that govt can do some help for the people to survive. This what I think.

I don't think it will be over in the near future,as jobs and places of employment are going broke all the time.We will have to go deeper into recession yet anybody who thinks this will end soon is going to be bitterly dissapointed.Our government in England are printing money at the moment which is a dangerous thing to do,as we will have to pay it all back in taxes for the next fifteen years does that give you an idea of how long this is going to last,sorry.xx

Probably will take a while for the cycle to back to upwards trend, i will say one to two years time. If USA can weep out some of their excesses and fraudulent financial market in regaining investor confidence, then shorter time for recovery is possible.

personally I think the recession will continue till the public start getting confidence again, the economic climate is caused by people and companies not wanting to go out and spend which is understanderable I honestly think last year the recession was over hyped by the media which caused panic and made matters worse especially here in the uk no one had heard of a recession till about nov last year when the media started to over hype it. Tho hopefully by the end of the year times will be changing tho during the recession there are still jobs out there you just have to be clever and to adapt to the circumstances.