US politics - a weapon of mass destruction?

The Capitol Hill face-off threatens to plunge the world into a new recession, the IMF boss Christine Lagarde warns. The World Bank is wringing its hands. The Chinese are becoming very twitchy - after all, they hold about $1,200,000,000,000 of US government debt. An IOU so big you can see it from space. No way to run an economy, Beijing says. Communists lecturing the citadel of capitalism on how to do it right. Who'd have thought of that ? Indeed, the're talking about the "de-Americanisation" of the world economy. If the Congressional impasse, a domestic problem, leads to the US government running out of money and defaulting on it's debts, it'll threaten the global economy and the dollar's status as the world's reserve currency.

Capitol Hill. The lights are still on - for now.

Has the US political system supplanted the banks to become a weapon of financial mass destruction?
Whatever happens in the run-up to the Thursday deadline for raising the borrowing limit, the damage has already been done. The idea that America is bust, just might take hold. It makes the Eurozone look quite well run. Doubtless, Republican and Democrat congressional leader will broker a last minute, dramatic solution and bask in the imaginary glory of averting disaster. So many small men in such a big building.
So kick back, set your recliner to 'Slob' setting, order in the pizzas, and tune in. Two days to Armageddon - The TV Show.