It is a terrifying sport watching the US flirt with disaster over the debt ceiling. That symbol, for once, expresses my sentiments precisely. I do not live in the US but no news story seems to have had more interest recently worldwide, at least in economic terms. Yesterday the Brazilian Real reached the highest level against the US Dollar it has had since 1999. There is constant comment that China, Japan, Korea, Brazil and others may stop buying US Treasury obligations, or at least cut back, thus reducing more than 1/3 of the demand. I normally have clear opinions about such things. Sometimes I am wrong, but I still don't think events are bewildering. This time I am completely without a clue. Every day people ask me, because I am an American and work in finance so am deemed competent. I stutter and try to change the subject. Does anybody have a good idea what is happening? Please say so if you do!