After a month of nail biting, furrowed brows and bated breath in the US, a resolution has finally been met. The Republicans and Democrats have reached an agreement to allow the debt ceiling to be raised, bringing an end to an arduous negotiation process which had all the civility and amicability of a Paul McCartney divorce settlement. So now that we edge away from the precipice and the four horsemen have been rerouted back towards Athens, it is time to assess the winners and losers arising from this war of attrition. President Obama is not happy, John Boehner is not happy and we’re even led to believe that somewhere beneath Michelle Bauchman’s taut, leathery exterior lies a disgruntled frown eager to show itself. So who are the winners in this torrid affair? The answer appears to be the Canadian mortgage holder. Continue reading →