Economy, the exact definition is the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.  If we didn’t have an economy we wouldn’t have money or any of the resources that we desire and we wouldn’t be allies with certain countries that provide supplies to America. The world economy does have certain issues, impacts and a most importantly a new future in our everyday lives. The issues and concerns about our economy are not critical but we need to work on it. The concerns are energy security and climate sustainability are agreeing that there is a need for the United states, or hundreds of people may go into poverty. China’s growth rate 9.6% is hurting  and helping opportunities in other countries. This may not be important now but  in the near future if we give more money to certain countries we all might go into debt. The united states is $13.62 Billion in debt, so why does China tolerate the money getting taken away from them? They might not tolerate it much longer, which then would result in the United States to be in poverty and not having the supplies China provided to America. The impacts of World Economy is mostly involved with the trading system. Every country is affected by what happens to other countries all because trade is involved. Events that occur are political events, such as overthrowing a government because of currency and trade. Growing and changing sectors of the united states economy involves trading to improve, without other countries involved with providing goods for our Nation, we wouldn’t survive. The United states also has the largest economy and largest trading nation in the world, exporting and importing goods, but this constant trade might hurt the economy and the workers in the trading business. The future of our Economy, my personal opinion is that our nation’s economy is going to decrease all due to trade and not paying off our debt to other countries but my opinion is invalid to this essay so therefore Benjamin Disraeli, prime minister of  England said ” If you establish a democracy, you must in due time reap the fruits of a democracy. You will in due season have great impatience of public burdens, combined in due season with great increase of public expenditure. You will in due season have wars entered into from passion and not from reason”  This statement basically means If you do not resolve to adapt to that level of change in your life and in the lives of your loved ones, you will not be ready to fully participate in the society of 2038. You’ll also fail to reap the full rewards of all the years of hard work and dedication you have put in, preparing for your retirement so therefore, In our near future we will basically be in debt and not working to pay off the debt. Thank you and Goodbye.