Business and finance 3 October 2013 Obama: “This time’s different. I think they should be concerned” Business quote of the day. Sign UpGet the New Statesman's Morning Call email. Sign-up “Democracy’s messy. But when you have a situation in which a faction is willing potentially to default on US government obligations, then we are in trouble” Obama told US television. The US government has been shut down for two days over talks to extend America's borrowing limit, which currently stands at $16.7 trillion. › Nick Clegg: it's the Daily Mail that really hates Britain Photograph: Getty Images Subscribe For daily analysis & more political coverage from Westminster and beyond subscribe for just £1 per month!