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.”

https://www.washingtonpost.com/news/wonk/wp/2016/05/06/king-of-debt-donald-trump-says-he-knows-how-the-u-s-might-get-out-of-paying-it-all%E2%80%8B-back/

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.

 

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