The debt will not be cancelled. President Trump himself pointed that he would not go that route. It would affect the US dollar and its credibility. The US dollar as a currency of international transaction is main reason, US is on top. It is held up there by our military. Everything else flows from that.
The debt will not be cancelled. President Trump himself pointed that he would not go that route. It would affect the US dollar and its credibility. The US dollar as a currency of international transaction is main reason, US is on top. It is held up there by our military. Everything else flows from that.
The U.S. Constitution actually requires us to repay national debts.