Donald Trump Says He Knows How the U.S. Can Get Out of Paying All Its Debts
This seem like great fiscal policy from our future president:
“Yeah, I think — look, I have borrowed, knowing that you can pay back with discounts. And I have done very well,” Trump said. “I would borrow, knowing that if the economy crashed, you could make a deal, and if the economy was good, it was good, so, therefore, you can’t lose.”
Having the US not pay its full debt obligations to it creditors.
That should really help our respect level in the world economy and future interest rates.