U.S. Budget Standoff Angering Other Nations

Revelation 6:5,6 NCV When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse, and its rider held a pair of scales in his hand. Then I heard something that sounded like a voice coming from the middle of the four living creatures. The voice said, "A quart of wheat for a day's pay, and three quarts of barley for a day's pay, and do not damage the olive oil and wine!"

As the U.S. comes within a week of hitting the nation’s debt limit nations across the world are beginning to show their anger over the situation.

“What is chilling is that US politicians are willing to engage in a game of brinkmanship that is tantamount to detonating a nuclear device over their economy,” writes the Times of India.

UAE Businessman Khalaf Ahmad Al-Habtoor wrote in the The Arab Times: “”There is something fundamentally wrong with a system that leaves a country without direction, in stagnation, without a budget and potentially without the wherewithal to settle its debts.”

If the U.S. were to default on October 17th, it would have a crushing impact on nations that use the U.S. Dollar as their official currency. The dollar would plummet on the world markets and so third world nations like Zimbabwe who use the dollar will see their country’s overall market power and value dive.

While most world leaders are publicly stating that they believe the U.S. will find a way to raise their debt ceiling and get the nation’s economy moving again, according to multiple news reports privately they’re getting concerned.

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