So, what's more important? Is it this petty blame game of who shut down the Fed, or the economic effects it's having?
Obama And Boehner's Shutdown Is Destroying Investors' Confidence In The Market - Forbes
If history provides any guidance, though, continued brinksmanship could be destructive for U.S. stocks, and for global markets. With the U.S. dollar as the world’s reserve currency, and a big chunk of global reserves held in dollar-denominated bills, a default would most definitely send shockwaves through the world’s financial system. If the BPC is right, Obama, Boehner, and the rest of Washington only have a few weeks to back away from the edge of what could be the next financial cataclysm.