The three best pieces I’ve read this morning on the debt-ceiling debate and the issues facing the global economy all come from the Telegraph of London. Via the Web Briefing:

Peter Oborne, “In this grave crisis, the world’s leaders are terrifyingly out of their depth.“
Janet Daley, “The idea that a capitalist economy can support a socialist welfare state is collapsing before our eyes.“
James Quinn, “Are we on the verge of a ‘Lehman Brothers on steroids’ drama?“