Since the American business elites cannot control their Frankenstein monster Tea Party Congress, International Business likely will start pressuring soon.
Right-wing "nutters" in the United States Congress holding up a deal to prevent a catastrophic debt default are a greater risk to the global financial system than problems in the euro zone, a British minister said Sunday.
Business Secretary Vince Cable said "irresponsible" people who had been gleefully anticipating the collapse of the euro currency had been confounded after European leaders agreed a second rescue package for debt-stricken Greece last week.
"The irony of the situation at the moment, with markets opening tomorrow morning, is that the biggest threat to the world financial system comes from a few right-wing nutters in the American congress rather than the euro zone," he told BBC television.
Congress "nutters" risk global finance: UK minister
This is a fateful time. The United States is abdicating its role as the center (and armed force) of Global Capitalism.
Global Capital will be shaken to its foundations with a default.
I'd call that a Frankenstein Monster that American capitalists created.
There will be pain for all of us, but the 1%ers overplayed their hand. They are about to be eaten by their own creation and transnational Capital is looking on in dismay.
Right-wing nutters indeed.