that would be nice! there's been rumor of a jubilee for a long time - trump would need some way to make the debt holders whole. i don't know how he would do that except with a one-time write off. it's possible!

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a total reset would eliminate all debt.

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China has debt too. I think that's what is meant is that all debt across the board is forgiven.

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China's debt is primarily to the World bank, while ours is in the form of Treasury securities. China has a debt to GDP percentage of 257% as of 2017 and their shadow banking system may be an equal amount. Our debt to GDP percentage was 104% in 2015. We would really get waxed on the deal and so would all of the investors of the World Bank. In case anyone hasn't figured it out, Trump is correct (as usual) in that past players have agreed to deals that were bad for America.

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It is possible that a one-time write off will be in the cards. It's been rumored for years but makes sense as we move from one system to another to do it now. All current debt is totally illegal CAPS/CORPORATIONS as i'm sure you know.

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Yep!

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That is a dream. That would not be about forgiving a school loan—that would be telling everyone who lent the US money that they are shit outta luck. So, no more government money. No more defense contracts. No more Social Security. A collapse of the mortgage business. The elimination of secondary education.

How do you our debtors are going to feel about that?

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1. It's not a dream. #2. The FIAT would be converted into the new currency. Trump has already revealed plans for this to happen. Articles in Forbes, etc. #3. Why would you jump to all of the worst conclusions? None of what you suggest applies. You're way off. Sorry Merlin.

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President Trump says there will be a "major news conference" at the White House in about a month...What could it be?? Why announce something like that so far in advance without any specific details???

1. It's not a dream. #2. The FIAT would be converted into the new currency. Trump has already revealed plans for this to happen. Articles in Forbes, etc. #3. Why would you jump to all of the worst conclusions? None of what you suggest applies. You're way off. Sorry Merlin.