Economics and Investing:
Items from Professor Preponomics: US News Restructuring the National Debt (Mises) Excerpt: “US presidential candidate Donald Trump made more waves yesterday by suggesting he might attempt to reduce the US national debt by renegotiating with creditors.” …and of course there is follow up! From Zero Hedge… Trump on Debt Renegotiation: “You Never Have to Default Because You Print the Money” Warning: Commentary following article may contain bad language and/or inappropriate avatars. Puerto Rican Debt Crisis is Coming to a Head (Barrons) Excerpt: “Puerto Rico’s Government Development Bank, which plays a key role in the island’s finances, defaulted on $3.9 billion …