We (the greater we) need the US economy to begin to bounce back properly - and, as such, this chart is scary.
Asia/fast growing economies are doing better than most, but if these huge developed markets fail to spark, it'll hold everyone back, encourage more trade barriers and hold back the very globalization that has fueled Asia's growth (and others) over the past decade.
But, in my opinion, America needs to start to believe in itself and stop whining about the state of the world and its part in it. This changing of the economic guard (to a significant degree) should not be a surprise and if the developed world could find it in themselves to embrace and work with it rather than become more protectionist I think everyone would work out better in the medium to long term. Maybe if the dems and republicans stopped ripping themselves apart 24/7 on TV the general public might have a bit more confidence.....
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