Will the world economy get better in the next year or so?

Question

I wouldn't want a repeat of The Great Depression.

Answer 1

The US economy will probably bottom in 2010, or maybe next year.  The stock market will lead the general economy in anticipation of better times - too early to tell if it has already bottomed.  The world economy will mostly follow what happens to the US economy.  

Answer 2

it will gets worst than ever. usually, it doesn't mean that the economy gets so high in percent but ir you analyze it, simply it keeps on sloping down...EVER!!

Answer 3

The only way the World economy gets better in a year is if the US economy recovers. If the US suffers the rest of the world suffers.

Answer 4

The world is in need of a recession, so it's not going to get better in the next year. Needs to get alot worse before it gets better.

Answer 5

Economy is nothing to do only those behind it...?

Answer 6

Maybe in the next 3-4 years, I honestly do not see it getting a whole lot better anytime soon..

Answer 7

Probably. The forces causing inflation are based upon economic expansion, and are signals to expand production, which directly oppose the forces causing reduced demand.

Some sectors are hurting (finance, construction) while others are booming (raw materials, energy). Thus we have a temporary structural shift of employment. A depression generally features an overall drop in employment and production, rather than a mere shifting.

Answer 8

Probably not, Food and Oil price still going up, it does look like another depression is on its way... =(