The world economy is doomed to spiral downwards until we do 2 things: outlaw government borrowing; 2. outlaw fractional reserve lending. Banks should only be allowed to lend out money they actually have and nations do not have to run up a "National Debt". Remember: It's not what backs the money, it's who controls its quantity.
This documentary explains it all rather well: http://www.youtube.com/watch?v=swkq2E8ms
Most Americans are completely clueless to how the monetary system works currently. Most Americans believe the money we print, we print owing to no one, but that isn't the case at all. Every dollar we print, we borrow it, with interests, to private banks (the federal reserve is run by private bankers).
When we bailed out the banks, we had to first "borrow" it from them, in order to "bail" them out, with their own money, that supposedly is "our" money.
Start to see the irony? Don't believe its true? Do some research, i recommend the documentary though.
If something doesn't change, then this will always be our future: http://www.youtube.com/watch?v=NOzR3UAyXao
It is a mad world.