http://www.businessinsider.com/roubini-bremmer-2015-outlook-2015-1
Beyond just general terribleness, there are a few things to consider specifically:
The Global Economy
On the economy, Roubini said that he sees four major drivers of the global economy: the US, Europe, Japan, and China and other emerging-market economies.
The only one of the four currently on the upswing is the US. However, it's questionable whether the American economy can distance itself from the rest of the world if there are economic headwinds everywhere else. The Federal Reserve's ending of quantitative easing (QE) hasn't hurt the US. But it has hurt emerging markets in the rest of the world.
The economy in Europe, meanwhile, is more or less a disaster.
"I'm more negative about Europe than even during the euro crisis," said Bremmer.
China
In China, the question is how the president, Xi Jinping, moves forward with reforms.
Low oil prices will help the economy, but growth is slowing down. Roubini sees GDP growth at somewhere between 3% and 7%.
On the political side, Bremmer pointed out that while Chinese economic reform continues, political reform isn't in the cards.
Read more:
http://www.businessinsider.com/roubini-bremmer-2015-outlook-2015-1#ixzz3PGqmGseC
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