BBC News - US shutdown has other nations confused and concerned

BBC News - US shutdown has other nations confused and concerned: "Now, as the latest shutdown crisis plays out, policymakers in other nations are left to ponder the worldwide impact of the impasse.

"Globalisation … means every country is in it together," writes David Blanchflower in the Independent in the UK. "Americans sneeze and Brits catch the flu."

"Canadians can only pray their economy won't be collateral damage," writes John Ibbitson in Canada's Globe and Mail. "Anything that drags down the American economy drags the Canadian economy down with it."

And this could be another reason why the United States has shutdown crises and other countries don't - because the United States can afford to. At least up until now, the American economy has been able to continue to grind along despite shutdown disruptions that would stagger other nations.

"Constant-shutdown, permanent-emergency governance is so destructive that no other serious country engages in or could tolerate it," James Fallows writes in the Atlantic. "The United States can afford it only because we are - still - so rich, with so much margin for waste and error.""

'via Blog this'