Trump's Claim He Is "King of Debt" Must Be Questioned

[AdvancingTime]

Presidential candidate Donald Trump's recent statements concerning how he views debt should strike terror into the hearts of lenders and bond buyers everywhere. The self-proclaimed “king of debt” told CNBC that if elected president, he would push to borrow more under today’s low interest rates. And if times got tough, he said, he would use his business acumen to strike a deal with the nation’s creditors for something less than full payment.

The New York Timeswrote, “Such remarks by a major presidential candidate have no modern precedent.” That may be true, but Trump is not your average modern day presidential candidate and is not operating under the constraints of past election protocol and rules. The article below argues Trumps claim he is King of Debt is outlandish because this title clearly belongs to President Obama who has added trillions to our national debt.

http://brucewilds.blogspot.com/2016/05/trumps-claim-he-is-king-of-debt-must-be.html

 

[Slade3200]

The first part of his statement about not being able to default because we issue currency and it being smart to borrow with the low interest rates is a good statement. The second part about buying the debt at a discount is straight up stealing from us who own the majority of the debt... It's that statement that should scare the shit out of everybody.