Economy in the Great Depression.

Europe is not sufficiently mobilized to combat the debt crisis. Britain is the next country that will hold the title of "big sick" of the global economic system. United States are under the sword of historical debt. Japan defends its economic fundamentals, but still stagnant. China seems to be the savior of contemporary economic system. But China's problems: low standard of living, depending on their export markets and slowing economies, make this difficult. Overall I see a global economic downturn, increased taxation and a decrease in welfare, globally.
Unfortunately.