You guys make way too much out the bicameral, Pre-conscious language of religion...it doesn't mean what you think it means...
...Ignore it or think of it in a conscious quantum physical way if you need to.

It's GOING to happen, one way or another. Current debt / obligations for the United States Government at a Federal, State, and Local levels sits north of $205 trillion. And growing. Current GDP is $18.2 trillion. The debt is 10X MORE than the entirety of our yearly economy.

If the government took every single cent of the yearly money supply (not the GDP, mind you) to pay off the debts, it would take 54 YEARS.

THE CRASH IS COMING. There are really 3 options. 1.) Let it crash many years from now when the problem has multiplied. 2.) Monetize the Debt. 3.) Bankruptcy.

Bankruptcy is the best option.

This being a couple of days after Sinco De Mayo, I'd like to point out that France attacked after Mexico announced to the world that payments would not be made for debts for a couple of years.
France savaged the hell out of that country.
In my favorite if short lived science fiction TV show, Firefly, only Americans evidently fled Earth to inhabit another star system with beaucoup planets and moons with breathable atmospheres in one heck of Goldilocks Zone without an alien life form in sight..
These folks would interject Chinese into their English for some curious reason.
Harrumph! Harrumph!

Trump will protect his estate, so he may well cringe at devaluing the dollar.

If the usa were to actually be able to file for bankruptcy and reorganization that would be great because we would not have to give the usa government any more money until they had a plan in place and implemented it.
However, those who lent the usa government might not be so happy getting maybe one cent on the dollar.
Trump is demonstrating more each day that is acquiring political thinking, say anything that could get you votes.

Most of the worlds shell game currency is printed in the US. Black markets, coercive governments, drug cartels and anyone who traded their productivity in US currency would indeed have a hate/hate relationship with the US.

Another anti trump straw man argument. Glenn beck is on the same level as Alex Jones. Find a reputable source for your argument.

Trump did not say he would take the US into bankruptcy. He would try to renegotiate - not renege on - debt. There is a world of difference.

Besides, the US is already bankrupt and reneging on it's debt service by the 3 to 5 trillion dollar devaluation of our currency and the value of your property which they call Quantitative Easing. The government steals the value from all of us, by printing up dollars (Actual or electronic) then spends that value and pays back the dollar amount of the debt with that devalued dollar. The Corrupt US govt run by two private corporations called Democrat and Republican party always pay back debt with devalued money. That is already forced renegotiation of debt. Theft in layman's terms both from the lender and from the people. They keep the dollar amount of the debt the same but give less value in each dollar.

Trump wants to renegotiate the amount of dollars of debt not devalue the currency.

This is my very first post so I'll do my best to follow established protocol and be as succinct as possible. My apologies in advance to anybody I may offend.
BK is certainly a distasteful means to resolve a financial catastrophe. I know this because I've negotiated through a number of them as a creditor. The ugly truth is, America is already bankrupt by definition and approaching insolvency at break-neck speed. To focus the argument on Trump seems to miss the fundamental issue, doesn't it? America is already bankrupt because her consenting public has chosen not to hold up their end of the bargain which is to participate as an educated citizenry. I'll give an example and then stop: I venture to guess that at least 90% of the folks who have a position on the presidential debate could not name any of the following: their district #; their district representative or how they voted on even one issue over the past year; the mayor of their own city; any of the city council; or any of their state senators or representatives.
We not only have a fiat currency that we can't sustain, we have a fiat government at all levels voted in by an uneducated (in a practical context, not by what university they attended on a student loan) citizenry who think it's okay to sit and talk at the adult table when they really don't know what to talk about yet.
If there are any other solutions out there to avoid BK, I'd like to learn more. Is Trump acting like an obnoxious jerk and has he declared BK on certain projects that were losers? Sure he is and yes he has. And he also appears to be the only person in the race hinting at taking on the tougher issues facing our once great country. Sorry, that wasn't as succinct as I'd hoped. :)
PS. Please forgive if you respond to me and I don't get back quickly. I'm new and I'm still working and this is still recreation for me.

Sure, as long as he owns that increase in GDP. Doesn't matter anyway. We are the slaves that are security for the debt. You know how we default. Remember 7/4/76.

The national debt, like Social Security, is an 800-ton Godzilla that professional politicians fear to speak of. Trump supporters enjoy the fact that he has no qualms about addressing even the most extreme way that might be necessary to deal with the debt, which now exceeds the national GDP, signaling that we may soon see payments explode, particularly if interest rates begin to climb.

The truth is that debt is a fungible property, open to negotiations. Only liars or the ignorant pretend that debt is an absolute, reliable asset.

For Trump, such discussions are with regard to a desperate, last resort solution. His preferred solution is to create real, substantial growth in the GDP that will allow paying the debt down, instead of perpetually growing it.

This validates everything I said about Beck
http://www.breitbart.com/2016-preside...

I disagree. When he began all the religious talk about Cruz he lost credibility. Beck, and the Conservative cause, is legitimate and factual enough not to have to depend on sympathetic spiritual hand grenades to make points. His religious rhetoric, and Cruz not asking him to tone it down, hurt Cruz. That said his father publicly calling his son "anointed" certainly didn't help.

No they are not...see my comment above.

Beck is not off the rails...he hire people that were great in the beginning but went arye while he was sick...in the last year he has almost payed off the debt they created...the Blaze and the show will continue to get better...Beck, and all that remain still stand by objective truth.

I heard his interview and I was stunned! I know I am not a reliable source to you , nor should I be. I do suggest you do a little homework on this.
Brett Braier interviewed him.5/4/16

I watched his interview 2 nights ago and he was asked about Puerto Rico's debt crisis and he said basically he would negotiate a haircut or discount to payoff the bond holders less than the bonds indenture covenants . He could do that because he is the greatest negotiator their is.
His track record using other people's money is poor at best. His arrogance is nauseating. There is no trust in Trump. A looter a practicing eminent domain rip off leftist. His end justifies his means.
No honor no integrity.

The Washington post has exactly the same thing: https://www.washingtonpost.com/news/w...

He made the comments on an interview with CNBC, so go watch the original if you want. It's not a cherry-picked statement - it was very obvious that Trump thinks it is a legitimate strategy for dealing with debt.

A cherry picked quote is not an entire statement.

The Blaze is a less than reliable source. I would say that about nearly any story they run. But in this case they are cherry picking from the NYT..also known to shade the story.

TheBlaze certainly isn't what it once was since Beck when off the rails.

Still, what I speculated isn't at all far fetched. Look at who we owe the most money, look who's buying up US soil, look at who has expanded its military. If we default. China will take the most serious financial hit for trusting US and they will respond. I also suspect Russia won't hesitate once China makes its move.

Will Trump default? No one can say for sure, but he has used that "tool" in the past and shows no embarrassment when he brags about doing so.

They're his own words quoted verbatim. How do you claim a "less than reliable source"?

Speculation from a less than reliable source.

If, somehow this happened, if the US defaulted on its debts, it would cause global war and the markets would crash unlike anything seen in history. The US would be attacked from every side, in every way, by everyone.