Let me commend two articles to you today. One is in the WSJ and the other the NYTimes and both address the issue of slowing world economic growth.
New Signs of Global Slowdown on the Wall St. Journal site »
After Barreling Ahead in Recession, China Finally Slows on the New York Times site »
The first and best article’s main point is that the world is slowing not only in Europe but also in China and Brazil. Here is the best chart in the article. 
The second is on China slowing down. Chinese slowing does not hurt the US very much but it does make things worse for Europe and commodity exporting nations like Brazil.
The US is doing relatively well compared to Europe but world slowing should slow us down as well.