re: Credit card debt up more than 50% in 2023, Bidenomics working

I heard about this guy who once went into billions in debt over spending lavishly on an Atlantic City casino using his nepo inheritance as seed money- then he just declared bankruptcy

Then he borrowed massive amounts of money to buy lavish hotels in NYC and when those failed he declared bankruptcy.

Then he mismanaged his international golf resorts and declared bankruptcy.

Then he tried to create an University but all the students sued him for their tuition back and won - so again bankruptcy.

Then he got the idea to get into politics so he borrowed a ton of money from overseas via German Deutsche Bank and for some reason they just kick the loan payments.

Then he became president - and whenever the stock market looked bad, he would just print money and hand it out for free to individuals, businesses, etc. He would offer free loans to wealthy people and then just tear them up. Racking up trillions on the US credit card.

Currently whenever he loses (which is a lot lately) or gets sued - his PAC just pays the fines with donor money, so he doesn't have to declare bankruptcy anymore.

Its funny to me when people who support more of ^ think they are encouraging fiscal responsibility.