The Nationals Senate leader Barnaby Joyce is openly canvassing aneconomic upheaval that would dwarf the current global financial crisis, triggered by the US defaulting on its sovereign debt within the next few years.
In unusually pessimistic comments for a senior political figure, Senator Joyce said the US Government was running such large deficits and building up so much debt that it was in a similar position to Iceland or Germany before World War II.
Join us on our
Share this page with your friends
on your favorite social network: