Trump Victory in the Republican Primary Message Board

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Politics : Trump Victory in the Republican Primary

DJT 12.88

-4.0%

Nov 11 3:59 PM EST

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From: zax	5/6/2016 9:44:37 AM
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Good old Donald has proposed borrowing so much money that if the US defaults, he'll be able to negotiate down the US debt. PURE GENIUS... Its a win-win situation!!! All we have to do is treat US debtholders like DJT or TRMP debtholders... and SCREW THE shareholders! Donald Trump’s Idea to Cut National Debt: Get Creditors to Accept Less nytimes.com But Mr. Trump’s statement might show the limits of translating his business acumen into the world of government finance. The United States simply cannot pursue a similar strategy. The government runs an annual deficit, so it must borrow to retire existing debt. Any measures that would reduce the value of the existing debt, making it cheaper to repurchase, would increase the cost of issuing new debt. Such a threat also could undermine the stability of global financial markets.

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