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From: Snowshoe	4/13/2011 3:35:37 PM
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6 Reasons Donald Trump Would Make A Great President finance.yahoo.com 3. ...Trump's business expertise could come in handy in dealing with America's woeful fiscal situation. The nation's paramount problem is how to deal with monstrous short- and long-term debts. States, cities, and the federal government are all learning that it is very difficult to meet existing financial obligations without raising taxes or cutting spending sharply. Trump, however, has a long experience, dating back to the early 1990s, of convincing creditors to settle for less than full payments of debts his businesses incurred. And the restructurings didn't stop him from being a viable financial force in the future. Just imagine if President Trump could do to the Chinese central bank next year what he did with New York banks 20 years ago?

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