Poll Shows Economic Recovery Will Take Years

A huge majority say the economy is likely to take many more years to recover, according to a new poll by MoneyJournal.com.

Las Vegas, NV, April 30, 2013 --(PR.com)-- A large majority of those polled believe it will take the U.S. economy many more years to recover from the financial crisis, according to a new survey conducted by Money Journal.com. An astounding 40% of respondents say it will take six more years or longer for the economy to heal.

The Global Financial Crisis, started on Wall Street with U.S. bankers making mortgages to anyone who could sign their name on a home loan application, will take four or five more years to overcome, 23% of those polled said.

The two categories make up almost two out of three surveyed in the online poll taken by Money Journal, which regularly surveys visitors on important issues related to money to help consumers better handle their financial futures. For full details on the latest poll visit MoneyJournal.com.

Before the financial crisis more than 80% of U.S. households invested in stocks, bonds or other financial investments on Wall Street. A new wave of investing has returned since the stock market hit new record highs. Studies, however, show consumers grew weary over the markets and are holding back from investing in the greatest numbers since the Great Depression.

Expert business journalists, including specialists in stocks, bonds, real estate and banking provide detailed reports and forecasts for consumers to better protect themselves in the world of finance and save money at Money Journal.com. There are tons of ways to save money on all sorts of products and services provided through the website on everything from a home mortgage to power bills to the price of a tank of gas, which the website covers for consumers to gain insight.
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