I feel America now has a chance of coming out of the economic malaise. Already, many Americans are using the opportunity to leverage 401k's to build a comfortable retirement, and as long as these portfolios are protected from looting by corrupt obese government (of which America now to be trending away from) these plans will become common place for the huge majority.
As the West, India (and eventually China after the people overthrow the dinosaur communist government) moves away from the failed systems of socialism and towards a more free society, we will see Europe, America, some parts of Latin America, Israel, Japan and India as well, stand to align together into a new, free market capitalist system and a new international based government that, in time, China will also be a part of, it will be modeled by 2055 much like the US system of States in a Republic where regions have a high level of autonomy, a Congress of Nations, and Four continental Presidents (one for North America and Europe, one for greater India, one for Asia, and one for former Spanish colonies) who work in a cabinet.
The continued expansion and popularity of American style Libertarianism will be the deathnail of socialism.
However, while communism in China will soon see it's last days, before the Chinese people themselves rid themself of it, the regime will in short term become expansionists to try and "rally around the flag" the dead ender communist loyalty, this will cause Japan to rearm. China will backdown because their now weakening economy will not have the will nor money to face a resurgent Japan which will once again rise despite current economy of Japan.
The phony scheme by obese socialist government to grab more centralist power under the guise of "climate change" is already becoming exposed and rejected and will become a laughable agenda within the next 10 years as more and more realize climate change is normal cycles and the best solution to discover remediation for any real climate issues is free market capitalism.
The real threat ito further world prosperity, and the continuation of ever increasing economic equity thanks to free markets, freedom of individualism and Republican systems, is the threat of throwback 12 Century Islamic terrorist types, and to a lesser extent socialists who are already becoming largely obscure and outdated but as they descend into total meaningless they will continue their trend to align with the 12 Century throwbacks and could be delusional enough to also engage in the cult of death.
But the Islamic Extremists and the socialists are so outnumbered, they have zero chance of achieving their utopian delusions and, in the end, will be totally crushed. But long before that, the current regime in Iran will be replaced by the Iranian peoples themselves with a moderate, capitalist oriented Republic though still proud of Shia Islam and will become a major economic success as a result.
Science will breath the fresh air of freedom, and humanity will began its journey into space.
The greatest threat to humanity, however, is disease. The greatest force to managing this threat is once again freedom of science and capitalism.
The future seems to now be taking a turn towards a better future, equity for broad numbers by way of economic prosperity, but the Islamic extremists will have to be dealt with, it will be a long, ambigous war that is unavoidable and totally disjointed from concepts of European war.