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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPresident Trump Promises Debt, Default And Depression
If nothing else, presumptive Republican presidential nominee Donald Trump showed again this week that he hasnt lost his ability to shock. In his on-going war on common sense and basic math, the would-be businessman-president vowed he would reduce Americas $19 trillion national debt by paying U.S. creditors less than full value on the Treasury bonds they hold. Experts see it as a reckless idea, the Washington Post helpfully explained, that would send interest rates soaring, derail economic growth and undermine confidence in the worlds most trusted financial asset.
http://crooksandliars.com/2016/05/president-trump-promises-debt-default-and
And this is only the start of his disasters as president
DesertFlower
(11,649 posts)have lost their jobs because of his bankrupcies?
truebrit71
(20,805 posts)This could be why his businesses have gone bankrupt four times....
UCmeNdc
(9,600 posts)That is the big question.
Zynx
(21,328 posts)The Great Recession cost us 9 million. I could see Trump doubling that.
Response to Zynx (Reply #4)
Tommy_Carcetti This message was self-deleted by its author.
lindysalsagal
(20,648 posts)A depression would be the best thing in the world for his companies. Don't doubt for a minute that he'd bring on a depression to further his own bottom line.