This is a too broad question, you mean Global Economy? If so, although there are areas with bad forecast, still some countries are performing well - Brazil, Middle East and South East Asia for instance - but that may be affected badly in the coming futures as the developed economies will consume less and drive less growth globally.
We haven't seen yet all the damage from the "Credit Crunch". Now loans for students have been canceled, imagine when people start defaulting on credit cards. And worse, with rising prices on foods and energy things can get pretty nasty.
I hope I'm wrong, but I don't see things going to a better mood yet.
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