Fiscal Fears: 'Extending US debt like giving a drunk more vodka'


Consumer confidence in the largest economy in the world - the US - has dropped to lowest level in 4 months in December. The fiscal cliff is still there, no deal has so far been reached. That coupled with the fact yet again debt is hitting the ceiling - could lead to dire consequences for the global economy, let alone the United States. For more, RT talks to Patrick Young, co-author of The Gathering Storm.


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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.