Tuesday 1 October 2013

American Government Partial Shutdown

I don't quite get what it means despite the lengthy Reuters report but the first partial shutdown in 17 years that is "potentially putting up to 1 million workers on unpaid leave, closing national parks and stalling medical research projects" sounds like some really serious stuff. Besides that, there are "fresh concerns about whether Congress can meet a crucial mid-October deadline to raise the government's $16.7 trillion debt ceiling." SIXTEEN POINT SEVEN TRILLION DOLLARS debt ceiling and they still have to raise it because the debt level is almost breaking though the threshold! That's a lot of debt!!!

All these could very well "financial markets into a tailspin" and my non-analytical mind tells me this will not be good to the whole world. How did it become that the whole world relied so heavily on one nation and that's the US and it's dollar truly baffled me. The world could not afford to and this will NOT let the US fail, I would assume. So can those fighting men and women in Congress take their pride out of the equation and strive for something to save the US?

Thrilling. Much more thrills than what Hollywood could possibly churn out.

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