The ‘biggest threat to the world financial system’ comes from the U. S. Congress, Cable said. | AP Photo Close
Speaking to the BBC about the European rescue package for troubled Greece, U.K. Business Secretary Vince Cable said Washington’s political showdown over the debt ceiling threatens to overshadow financial troubles on the continent.
“The irony of the situation at the moment, with markets opening (Monday) morning, is that the biggest threat to the world financial system comes from a few right-wing nutters in the American congress rather than the euro zone,” Cable said on Sunday, Reuters reported.
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