British Business Secretary Vince Cable presented the “irony of the situation at the moment.” A former economist, Cable told BBC television yesterday that “the biggest threat to the world financial system comes from a few right-wing nutters in the American congress rather than the euro zone."
Not that the instability in the euro zone is anything to sneeze at, but the fact remains that the teatards in the House are openly inviting an unprecedented downgrade in the credit rating of the United States in the least, or triggering a global financial crisis at the worst. But I know it's difficult for the mouth breathers to think of anything "global" or "foreign," and it's certainly impossible for them to grasp that their pedantic, childish antics will have a real and detrimental effects beyond their short sighted fixation with national politics if the debt ceiling is not raised.
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