0
Seagull Posted 10 years ago
Grammar

lose out on

Regarding the following passage:

On debt, Trump believes the more the better. His companies issue a great deal of debt because, in the downside scenario, developers like Trump can find ways to pay less than the face value of what is owed. He recently said this approach is an opportunity the U.S. Treasury is losing out on.

I don't quite understand what the last sentence means. Does it mean Mr. Trump pointed out that the U.S. Treasury is missing the chance to issue more government bonds?
  

Top answer

Yes, it seems so. However, I don't see how the US Treasury could get out of repaying the face value without defaulting, which would presumably be a very grave state of affairs.

  • Yes, it seems so.
  • However, I don't see how the US Treasury could get out of repaying the face value without defaulting, which would presumably be a very grave state of affairs.
Free · every Monday

Get the Weekly English Kit 📬

New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.

2 Answers
0
Yes, it seems so.

However, I don't see how the US Treasury could get out of repaying the face value without defaulting, which would presumably be a very grave state of affairs.
0
I understand.
Thank you very much indeed, GPY.

This passage is from a newspaper column titled "Win or lose, Trump could cause a recession," distributed by Reuters. Below is the previous paragraph:

Trump wants to be seen as a responsible business executive. Ironically, given his hostility toward Latinos and other immigrant groups, his messages most resemble those irresponsibl

Related Questions