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Solution to the Economic Crisis of the World

Today most of countries of the world particularly European countries are entangled in huge economic crises. This can truly be called as economic depression instead of economic crises. The unrest in the Arab countries has made the situation very grim due to unprecedented oil price hikes. Global war on Terror is another factor for which lion's share of economy is reserved and the whole scenario is representing a very gruesome picture.
Energy is considered as oxygen of economy but the unfortunate situation in the oil rich countries have mounted the problems of a common man. The political unrest is increasing with every passing day creating unfriendly environment for investment in the energy sector.
A hanging sword in the shape of terrorism and extremism present a very disturbing situation in the whole world. The overseas contingency operations against these elements have remained an unpopular issue of the world as it is yielding very low out put. But a lion's share of economy has been reserved for this task.
Defeating ills with ills is not solution of a problem. In fact these are counter productive if it is in either case. Solution of the problem should be in the shape of dialogues and political solution should be sought out instead of military operations. It will not only solve the growing issues of terrorism but will also resolve the problems of the economic crisis as the share of economy that is reserved for counter terrorism would be spent on more productive activities which will generate jobs and similarly the issues would be solved slowly and gradually.