The global economy: healing or still hurting? More than four years after the global recession started, economies are starting to heal, especially in the U.S. But we have been here before: past recoveries have fizzled and left workers and companies still struggling. Will the recovery be more durable this time? Will jobs growth last? How well is the European Union addressing its debt issues? Is there still a chance of a catastrophic collapse of the euro zone. Can China remain the engine of global growth as it enters a new era?