The ripple effect of the Congress not able to resolve the debt--ceiling crisis will surely, have a short term duration on the World financial market; and it will definitely, lead to United States losing it's credit rating again. Soundingly alarmy, at the long run will lead to U.S not able to borrow money at a good rate for a long time until their credit rating is upgraded for fair rate interest payment. On the stock market overall, it will surely have a short-lived effect on the stock market.