"Adrift" is the word. Not Grease!

First it was the academe that was characterized as being adrift.
Now, Nouriel "Dr. Doom" Roubini says the world is adrift:

We live in a world where, in theory, global economic and political governance is in the hands of the G-20. In practice, however, there is no global leadership. And there is severe disarray and disagreement among G-20 members about monetary and fiscal policy, exchange rates and global imbalances, climate change, trade, financial stability, the international monetary system, and energy, food, and global security. ...
A G-Zero world without leadership and multilateral cooperation is an unstable equilibrium for global economic prosperity and security.

So, why this state of a world that is adrift?  Roubini has a few reasons; I like this one the best of 'em all:

G-8 leaders share a basic belief in the power of free markets to generate long-term prosperity and in the importance of democracy for political stability and social justice. The G-20, on the other hand, includes autocratic governments with different views about the role of the state in the economy, and on the rule of law, property rights, transparency, and freedom of speech.

Ok, so, does this mean that we are screwed?  Hey, Dr. Doom, you are usually way more cut and dried than this ... You are leaving it to me to conclude that we are screwed?