Etymology
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weltschmerz (n.)

"pessimism about life," 1872 (1863 as a German word in English), from German Weltschmerz, coined 1810 by Jean Paul Richter, from Welt "world" (see world) + Schmerz "pain" (see smart (n.)). Popularized in German by Heine.

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Definitions of weltschmerz

Weltschmerz (n.)
sadness on thinking about the evils of the world;
Synonyms: world-weariness
From wordnet.princeton.edu