30 August 2015

Trumping the Federal Debt Without Playing the Default Card

By Ellen Brown, The Web of Debt Blog | News Analysis

"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default."—Former Fed Chairman Alan Greenspan on Meet the Press, August 2011
In a post on "Sovereign Man" dated August 14th, Simon Black argued that Donald Trump may be the right man for the presidency:
[T]here's one thing that really sets him apart, that, in my opinion, makes him the most qualified person for the job:

Donald Trump is an expert at declaring bankruptcy.

When the going gets tough, Trump stiffs his creditors. He's done it four times!

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