LONDON (Reuters) – If it feels as though efforts to revive the world economy are continually running into the mire, that’s partly because policymakers are still trying to map the extent of the credit swamp.

Five years to the month since the credit bubble popped, one of the striking aspects of the recurrent gloom invading households, businesses and investors is how the horizon for sustainable recovery is being pushed years into the distance.

LONDON, July 11 (Reuters) – If it feels as though efforts to
revive the world economy are continually running into the mire,
that’s partly because policymakers are still trying to map the
extent of the credit swamp.

Five years to the month since the credit bubble popped, one
of the striking aspects of the recurrent gloom invading
households, businesses and investors is how the horizon for
sustainable recovery is being pushed years into the distance.