Sunday, May 8, 2016

Trump talks about defaulting on the national debt and freaks out the establishment

See: http://finance.yahoo.com/news/why-trumps-u-debt-default-222400110.html
and http://www.zerohedge.com/news/2016-05-06/trumps-election-should-cause-us-cds-spreads-spike-and-good-reason

The establishment sees the debt as being holy and it must never be questioned.  It is supposedly the bedrock of global finance.  The global economy will collapse if you even mention the possibility of default.  I think it is a conversation we need to have and I am glad Trump brought it up.

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