Tuesday, February 2, 2010

Opposition Finance spokesman in Australia , America will default its foreign debt and could spark a worldwide Financial Armageddon

Australian Senator America will default its debt China is owning Australia

Opposition Finance spokesman Senator Barnaby Joyce says America will not be able to repay its foreign debt and will spark an economic Armageddon..he also said " we can't have another government running Australia" alluding to the fact that China is now buying Australia piece by piece inch after inch ....

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Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.

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