The global financial system is more vulnerable to currency movements than ever before, and history tells us that when the U.S. dollar goes up, the global economy goes down. So the fact that the U.S. dollar has been skyrocketing recently is a very bad sign. Over the past 10 years, there has been only 1 other time when the value of the United States Dollar (USD) has gone up by so much in such a short period of time. That was in mid-2008, just before the biggest financial crash since the Great Depression.
Trough time, when a nation’s debt exceeds its capacity to repay even the interest, it is very possible that the currency will collapse. And more often than not, governments make the situation worse by printing a lot of money in an effort to make the problem away, or at least delay it. The higher the level of debt, the greater the effort to control it by printing money (i.e. the infamous "Quantitative easing" that the Federal Reserve have implemented). The bigger the inflation, the greater the possibility of hyperinflation. No government has ever been able to control hyperinflation. If it happens, it does so rapidly and always ends with a big crash.
But there are also many factors that influence the World Economy, here are the most important players in the Economic Arena. These items, persons and institutions have a great deal of influence on the economy of the planet, and that means your economy as well:
