Despite economic crises and  security threats everywhere you look, global prosperity is booming, according to a new study.

The 2012 Prosperity Index from the Legatum Institute rated prosperity in 142 countries based on econometric analysis of 89 variables.

The big news from the report was that the US fell out of the top 10 due to a decline in consumer and voter confidence, along with a bleak economic and entrepreneurial outlook. But that’s only part of the story …