Live in FEAR.

It is a fact that the entire financial world economy hinges on the U.S. And don't talk about China because it is not even in the league of the EU.
However, when you read this:

http://news.xinhuanet.com/english/business/2013-10/23/c_132821532.htm

it opens your eyes to the cosmo-colossal debt of the U.S.
The debtors can hang on to dear life that nothing untoward will ever happens to the U.S. economy. 
In turn, it seems that only  U.S. wing of the Republican Party, its Tea Party, is concerned in frugal .gov.USA spending.
However, there is a lot of suspicion re the quality of its intellectual metamentation.
So, it seems that the world is caught is today between: 

a rock and a tea cup.