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Asked whether the United States needed to pay its debts in full, or whether he could negotiate a partial repayment, Mr. Trump told the cable network CNBC, “I would borrow, knowing that if the economy crashed, you could make a deal.”
He added, “And if the economy was good, it was good. So, therefore, you can’t lose.”
Such remarks by a major presidential candidate have no modern precedent. The United States government is able to borrow money at very low interest rates because Treasury securities are regarded as a safe investment, and any cracks in investor confidence have a long history of costing American taxpayers a lot of money.
Donald Trump’s Idea to Cut National Debt: Get Creditors to Accept Less
originally posted by: onequestion
a reply to: Profusion
He's right you can't lose.
If they don't negotiate a deal like their doing wjth Greece and Puerto Rico what are they going to do let the US economy just completely fail?