Let $k$ be an algebraic closed field of characteristic $0$.
I want to understand why the algebraic closure of the field $k((t))$ is $\underset{n\geq 1}{\bigcup k((t^{1/n}))}$.
Obviously, $\underset{n\geq 1}{\bigcup k((t^{1/n}))} \subset \overline{k((t))}$ as $x^n-t$ are irreducible over $k((t))$.
Question 1: Why for every element $\alpha \in \overline{k((t))}$ there exist a $n = n(\alpha) \in \mathbb{N}$ (<- "the common denominator") such that $\alpha = \sum_{r \in \mathbb{Z}} f_{r} t^{r/n}$ ?
Question 2: How are the algebraic closures of $k(t)$ and $k((t))$ related?
Your last question strongly suggests to look at the case $k=\Bbb{C}$.
$\bigcup_n \Bbb{C}((z^{1/n}))$ is its completion for the non-archimedian absolute value $|z^{k/n} h(z^{1/n})|= 2^{-k/n},h(0)\ne 0$, it is algebraically closed too, the Galois group $Gal(\bigcup_n \Bbb{C}((z^{1/n})) / \Bbb{C}((z)))$ consists of formal closed-loops around $z=0$, where the winding number is a profinite integer $\in\varprojlim \Bbb{Z/(n)}$.