Fiscal Fears: 'Extend US debt - give a drunk more vodka'. (VIDEO)

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.