The latest round of sheer absurdity in the ongoing debt ceiling debacle has prompted some harsh criticism from the world.
From Germany: “What America is currently exhibiting is the worst kind of absurd theatrics and the whole world is being held hostage.”
From France:”The American politicians supposed to lead the most powerful nation in the world are becoming a laughing stock.”
From China: “Given the United States’ status as the world’s largest economy and the issuer of the dominant international reserve currency, such political brinksmanship in Washington is dangerously irresponsible.”
When both sides are willing to posture and play chicken with the world’s economy, one wonders what might serve as the encore in this paltry display of political theatre.
But what else can we expect when both parties are becoming increasingly aligned behind a shared agenda of systematically stripping the population of freedom while simultaneously lifting restrictions on big business and protecting the interests of the super rich.
The American people need a change, as do the rest of us. It’s time for a global system that reflects the will of the people, and for every nation’s government to promote policies that serve the public interest.