The US Is Sneezing Like Crazy. Will The World Catch A Cold?
BUZZARDS BAY, Mass. — It’s not every day that Chile gets to wag its finger at the United States.
Speaking at the Asia-Pacific Economic Cooperation (APEC) summit in Bali this week, Chilean President Sebastian Piñera sounded like an irate parent when he said Washington had to confront its fiscal problems "in a better way than they are doing it now with shutting down the government.”
Singapore got a few digs in, too. “Obviously we prefer a US government that is working to one that is not,” Singapore’s prime minister, Lee Hsien Loong, said.
US President Barack Obama's failure to show up at the summit was "a very big disappointment to us," he added.
Washington’s painful and embarrassing political crisis, which has led to a government shutdown and the very real threat of default, has damaged the United States’ standing in the world and sent shock waves — so far minor ones — throughout the global economy.
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http://www.globalpost.com/dispatch/news/regions/americas/united-states/131009/shutdown-apec-obama-global-economic-impact