‘US like alcoholic drinking vodka for decades but owing bar tab’

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The U.S. government has partially ground to a halt for the first time in 17 years. Squabbling Democrats and Republicans couldn’t find a way to agree a new budget, clashing over Obamacare – the current administration’s high profile reform of the health system.

Investment advisor Patrick Young says that ultimately Washington is losing the trust of the world’s economic elite.

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