When I look at the world economy I see three property bubbles, England, Canada and Australia, and possibly the North America West Coast fueled by Chinese money seeking safe haven, a commodities bust due to slowing Chinese growth, an Oil bust driven by the Saudi last chance grasp for influence because of their declining oil fields, the possibility of war in Ukraine, civil or worse, and the biggest kicker of all Climate Change.
Climate Change is exacerbated by War, because of the huge consumption by militaries of fossil fuels. Tanks and airplanes drink fuel.
Climate Change is also demonstrably exacerbated by Republicans. We might have done something under Al Gore, but Bush II and Obama are useless. Obama's legacy is a health insurance fiasco, Trade Treaties which will drive all major US corporations offshore, suing for fun and profit against any and every law designed to control their proven bad behavior, and beautiful, but empty, rhetoric over climate change.
Saudi Arabia and Turkey's imperial ambitions through their ISIS support, and the probable excuse for Turkey to invade Syria and Iraq "to bring peace" after ISIS has done its work will result in their rule over an empire of desolate sand, heated further by Climate Change.
A complete mess in Europe, typified by Greece. Nothing good will come from the Greek fiasco, the errors were made in 2007/8 and what was done is both haunting us and cannot be fixed.
Now is the time to be liquid.
What Government will do when mitigating climate change will be both extreme, because it will be a late reaction, and very, very harsh. Martial Law, instant imprisonment for infractions, and shooting harsh.
I'm moderately optimistic (and caustic) most of the time. Personally I see no light at the end of the tunnel for these events.