17:28 GMT18 April 2021
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    Presidential hopeful Donald Trump promised to get rid of the country's $19 trillion national debt and warned US citizens against investing in the stock market now.

    MOSCOW (Sputnik) — US Republican presidential candidate Donald Trump believes a situation, in which prices for securities, especially stocks, rise far above their actual value, is a financial or economic bubble which has developed in the US economy, putting the country at risk of slipping into "a massive recession."

    "I think we’re sitting on an economic bubble. A financial bubble," Trump told The Washington Post in an interview.

    He, however, specified that this phenomenon concerned not a certain sector of economy, but the economy at large.

    Trump asserted that he would be able to get rid of the country’s more than $19 trillion national debt "over a period of eight years" by a renegotiation of trade deals.

    He also warned US citizens against investing in the stock market right now.


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