Monday, May 9, 2016

Trump Puts The Idea of a US Government Debt Default On The Table

On Thursday, Donald Trump told CNBC that his solution to dealing with the $19 trillion-plus national debt involves a form of default such as repurchasing existing bonds at a discount. The media jumped all over him calling his idea “insane” and warning that it would tank the economy or set off an “unprecedented financial crisis.” They […]

The post Trump Puts The Idea of a US Government Debt Default On The Table appeared first on The Dollar Vigilante.



from The Dollar Vigilante https://www.dollarvigilante.com/blog/2016/05/09/trump-puts-idea-us-government-debt-default-table.html
via The Dollar Vigilante

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