THE WORLD'S FINANCIAL MARKETS EXPRESSED THEIR DISAPPOINTMENT AGAINST THE USA CREDIT CREDIBILITY, DESPITE THE COMPROMISE MADE BETWEEN THE TWO PARTIES.

The world financial markets, particularly those in the Asian continent expressed their disappointment against the USA credit credibility, despite the success in the compromise attained between the two major parties the Republican and the Democratic party on the debt ceiling extension to 2.1 billion dollars and the spending cut at 2.4billion dollars until the year 2013. Many countries assesment of the USA solution to the crisis has been that of a rescue attempt rather than an actual solution to the debt and budget deficit crisis of the world's super power. The United States of America could remain incapable to repay its debt and reduce its budget deficit, despite the compromise that has been made on the country's debt and budget deficit crisis between the two major parties. This could also mean further deterioration of the country's economic growth and currency value in the world's financial markets it has been directing for decades. However, neither alternative solution has been recommended by the disappointed financial markets and countries, nor an alternative world's super power has been picked for the required guidance and direction in the world's financial markets and countries with major economies. The next presidential election in the USA scheduled for the year 2012 will be crucial in determining the future of the USA for the required lead and guidance in the world's financial markets.