President Trump, the 'King of Debt,' Heralds an Age of Debt Forgiveness

When it comes to debt, President Donald Trump is remarkably consistent. When he was only a GOP nominee, he said he would renegotiate debt if things get tough for the economy. On Tuesday, President Trump told investors they can "say goodbye" to Puerto Rico's debt, promising: "We're going to have to wipe that out."

In June last year, in an interview with CBS that widely was quoted in the media, the then-nominee said: "I'm the king of debt. I'm great with debt. Nobody knows debt better than me. I've made a fortune by using debt, and if things don't work out I renegotiate the debt. I mean, that's a smart thing, not a stupid thing."...620 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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