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UCmeNdc

(9,600 posts)
Sun May 8, 2016, 08:50 AM May 2016

President Trump Promises Debt, Default And Depression

If nothing else, presumptive Republican presidential nominee Donald Trump showed again this week that he hasn’t 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 America’s $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 world’s 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

6 replies = new reply since forum marked as read
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DesertFlower

(11,649 posts)
1. and he has the nerve to call hillary crooked. how many people
Sun May 8, 2016, 08:52 AM
May 2016

have lost their jobs because of his bankrupcies?

 

truebrit71

(20,805 posts)
2. That's a brilliant idea, but let's get Mexico to pay for the wall first, yes?
Sun May 8, 2016, 08:52 AM
May 2016

This could be why his businesses have gone bankrupt four times....

UCmeNdc

(9,600 posts)
3. How many more will lose their jobs about Trump's ideas on bankruptcy if he is elected?
Sun May 8, 2016, 08:58 AM
May 2016

That is the big question.

Zynx

(21,328 posts)
4. Probably about 20 million.
Sun May 8, 2016, 09:07 AM
May 2016

The Great Recession cost us 9 million. I could see Trump doubling that.

Response to Zynx (Reply #4)

lindysalsagal

(20,648 posts)
5. Money moguls made their careers in the depression: Bought up everything for a song.
Sun May 8, 2016, 12:41 PM
May 2016

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.

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