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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (934475)	5/11/2016 4:35:55 PM
From: PKRBKR	Read Replies (1) \| Respond to of 1576698

Its not stupid because that part of the debt is not included in his proposal Sorry but for once I must agree with the Weiner. The dollar is the reserve currency of the world and F'ing with debt like this will cause a death spiral that will make 2008 look like a minor stock dip. Debt must be dealt with by no longer spending what we don't have.

To: jlallen who wrote (934475)	5/11/2016 5:07:12 PM
From: Tenchusatsu	Read Replies (4) \| Respond to of 1576698

Jlallen, CJ said: The idea that the US would try to renegotiate its debt, which is mainly owned by Americans and/or the government, is stupid. You responded: Its not stupid because that part of the debt is not included in his proposal... I think CJ misspoke, but he brings up a valid point. How would Trump renegotiate the federal debt held by foreigners without severely impacting the credit of the United States as well as the value of the dollar itself? The dollar itself is a world reserve currency, and to just tank its value would have severe negative repercussions. He can't just renegotiate this away like he could with one of his underperforming companies. This is just another example of Trump blowing wind. Although I like out-of-the-box thinking, I'm not really sure he really thought this one through, and he's more likely to change his mind or even act like he never said what he said. Tenchusatsu