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IMF warns US debt ceiling controversy is a far worse threat to global economy

Friday, October 4th 2013 - 07:02 UTC
Full article 6 comments

IMF managing director Christine Lagarde says failure to raise the US debt ceiling would be a far worse threat to the global economy than the current shutdown. The shutdown is due to a budget standoff between President Barack Obama and Congress. But a worse problem looms: the US will run out of money if there is no agreement to raise the borrowing limit. Read full article


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  • The Truth PaTroll

    Museums shut down
    National Parks closed
    Veteran hospitals lacking supplies
    no funds to plant grass in the capital city
    shootouts between criminals and police around congress buildings
    communism more popular than the elected leaders
    venal and completely corrupt judiciary
    ineffective and useless political system
    country at risk of default
    people setting themselves on FIRE in the capital city

    Isn't that the definition of a 4th world country???


    Oct 05th, 2013 - 01:07 pm - Link - Report abuse 0
  • Gonzo22

    Man, this makes me feel so American, I'm going to listen to San Francisco in the voice of the lovely Jeanette MacDonald.

    Oct 05th, 2013 - 03:14 pm - Link - Report abuse 0
  • Fido Dido

    “Isn't that the definition of a 4th world country???”

    Yup, it is, but life goes on...

    “Man, this makes me feel so American, I'm going to listen to San Francisco in the voice of the lovely Jeanette MacDonald.”

    You don't have to live in the United States nor listen to a clown in San Franciso to make you feel American.

    Oct 05th, 2013 - 04:27 pm - Link - Report abuse 0
  • The Truth PaTroll

    What a shock that the Americans and the other Anglos have gone MIA in this news article and to what I have so brutally but honestly laid out above.


    Not a bad attitude to have. Realist but also pragmatist. Respect to you.

    Oct 05th, 2013 - 08:51 pm - Link - Report abuse 0
  • Captain Poppy

    The federal government does not run the country morons. Suck mommas tits for some milk juice tobi. If you knew anything about the USA you would know it's a union of 50 independent states that operate regardless of the feds.
    Your post in number one is a joke of nothing from someone that only knows the shit storms in the pile of nothing in Mendoza.
    I can call the shit there I've been to Argentina often and recently as January and February. When have you unlatched you mothers nipples and been to the USA? North Amerrica? Europe? Buenos Aires? OUTSIDE OF MENDOZA?
    Leave her nipples rest and get off the tit juice....grow up. All you southies are like ants crawling on ankles........When you see what you cannot have to loath it.
    Now that Brazil is totally froze, industrially speaking, SA is doomed economically.
    Yes....the Fed is closed, but the states do not depend on the feds like down there. Whats idiots. Have some mate, if you can tolerate it.

    Oct 06th, 2013 - 12:14 am - Link - Report abuse 0
  • Gonzo22

    @5 You are a Chilean, why are you lying about your nationality?

    Oct 06th, 2013 - 01:33 am - Link - Report abuse 0
  • Captain Poppy

    And you are an asshole, why are to posting like a dickhead?

    Dickhead....prove your ridiculous statement......send me an email to:

    I can send you my IP where I am posting from. Ok dickhead? No balls.....means no email......I will assume no email.

    Oct 06th, 2013 - 09:46 am - Link - Report abuse 0

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