Updated on
Summary The economic sentiment is exceedingly glum all around the world.
The public mood has worsened since 2008, with the global economic crisis widely eroding support for capitalism.A Pew Research Center survey of people in 21 countries made public Wednesday also said there is a striking contrast in economic outlook between emerging markets such as Brazil, China, India and Turkey and the industrially developed EU and the U.S.People living in emerging economies are more upbeat than Americans and Europeans on whether they think economic conditions in their countries are good and about the future of their children, the surveys, conducted last spring among 26,210 respondents, showed.Meanwhile, economists said that since then the global economic outlook has become even more worrisome as many indicators of economic activity have deteriorated in recent months.
