People in other places do not care that much (setting aside the worrying possibility that this kind of thinking may be later imported to their own countries), but given the prominence of English in worldwide communication and the massive role of American media, they will read the news and either laugh or frown.
American internal problems are much more visible to the outside world than, say, Italian ones.
Why laugh? I guess they will be glad they will winning the competition. If anything, they will encourage the US to continue on the same path, they'll might even praise it.