Welt·schmerz 
(vĕltshmĕrts′)
(vĕltshmĕrts′)n.
Sadness over the evils of the world, especially as an expression of romantic pessimism.
[German : Welt, world; see WELTANSCHAUUNG + Schmerz, pain (from Middle High German smërze, from Old High German smerzo).]