I read nothing, these days, but scare material about
the domestic economy. The reality is that this is a recession which may
be over by summer. Meaning unemployment will still be high but the GDP
will start growing.
The really scary part is the international economy. What does it mean when five nations are so bankrupt they can only borrow from the International Monetary Fund (Iceland, Ireland, Latvia, Bulgaria and Romania) and several more are near bankruptcy (Mexico, Greece, Spain and Argentina). Several dangerous nations are near collapse because of low oil prices: Russia, Iran and Venezuela.
It is was a time like this, in the 1930s that dangerous new tyrants emerged to attack their neighbors, such as Hitler and other tyrants went crazy and killed millions of their own people. That is worrisome.