The problems are getting worse. Japan is already in recession (iShares MSCI Japan ETF(EWJ)). Parts of Europe, parts of America are in recession.
The world has many problems facing it. Interest rates are going back up and a rise in interest rates will hurt a lot of people, it will help some but it will hurt most people. You have inflation rising again. I am not very optimistic about the next 2 or 3 years. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), Nasdaq 100 Futures)