When forecasters struggle to know if we're heading for a triple dip of recession, and the risk of falling off a fiscal cliff next month, a much more distant horizon has been scanned this week.
Even in the UK, which exists outside of the Eurozone there has been consistent speculation that the economy is heading toward a triple dip recession although recent research from the OECD is a little more upbeat on the UK than it is for the Eurozone.