The World from Berlin 'The US Is Holding the Whole World Hostage'

With no solution to the US debt crisis in sight, the rest of the world is starting to get nervous. German commentators urge congressional leaders to get their act together. A US default would have catastrophic consequences, they warn.
Grasping for a solution: Obama is making little progress on the debt-ceiling dispute.

Grasping for a solution: Obama is making little progress on the debt-ceiling dispute.

Foto: Charles Dharapak/ AP
-- David Gordon Smith