Source: Wall Street Journal                      Date: 08 September, 2011

Today’s market has turned the world upside down. The economic crisis has terrified the leaders of nations and business alike and many in the west are looking to monetary authorities to save them. Meanwhile, developing countries are growing quickly and are still hungry. As developing nations like Mongolia continue to grow, some are wondering what lies around the next corner.

The European Union is in economic shambles. The president of the European Central Bank recently scolded Italian leaders for delaying to pass bills that could bolster its economy. U.S. companies seems to be doing well with a healthy reserve of funds, but that's only for the time being. The head of the U.S. Reserve Ben Bernake has made it clear that the number of options it has to assist the U.S. economy is limited. There's even the possibility that firms are weaker than they let on.

“I don't know whether to cut or invest, and I hate it,” said the head of a large commercial conglomerate. “Businesses cannot stall. They either go up or down. “

On the other side of the coin are the representatives of the developing world, full of optimism. While industry leaders worry export-heavy economies like China will struggle to keep up with their growth, financiers are shaken by the thought of currency wars between developed nations and emerging economies, as the fall of the euro and dollar put huge strains on the rest of the world.