Economists Cringe at Trumps Bond Proposal (AP)
In the event that the us economy crashed. Donald trump has floated a recovery plan based on his own experience with corporate bankruptcy. Pay America creditors less than full value on the us treasures they hold.
The yield on a 10 year treasury note is about 1.8 percent a figure that would shoot if trump pursued this strategy.
The Obama collapse. The borrowing has accelerated beyond belief.