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re: Will trump wreck the economy?
Posted on 6/19/18 at 6:47 pm to SpanishFortTiger
Posted on 6/19/18 at 6:47 pm to SpanishFortTiger
1. He doesnt have a global empire. He has a family business. It is not that large. He has a shite ton of pass through entities, LLCs, holding companies, shell companies, etc but it is not a global empire. Its a branding and licensing company at the end of the day. That is really all it is and it is mostly family run.
2. He has lost more of other peoples money than he has made. We are talking billions. If he had to pay back all that he borrowed he would have a negative net worth. I detailed this in a post a while back but the numbers are all out there and you just need to take his current estimated assets less his current estimated liabilities less the money he had borrowed and defaulted on.
3. He has failed at every business he has ever gotten involved in. The reason is he is either not smart enough or too lazy to learn the business. Probably both. And he has borrowed money from other people that he could not pay back to fund his many failures. Mortgages, steak, vodka, casinos, airlines, university, board games, clothing lines, the list goes on. If he had to pay back all he has borrowed from others he would be dead arse broke for many lifetimes. Such is the way of the conman.
Fact is trump inherited a lot of money. He has lost more than he has made and has failed at everything he has tried with the exception of branding and reality tv.
There just is not much to admire there professionally - to answer your question.
2. He has lost more of other peoples money than he has made. We are talking billions. If he had to pay back all that he borrowed he would have a negative net worth. I detailed this in a post a while back but the numbers are all out there and you just need to take his current estimated assets less his current estimated liabilities less the money he had borrowed and defaulted on.
3. He has failed at every business he has ever gotten involved in. The reason is he is either not smart enough or too lazy to learn the business. Probably both. And he has borrowed money from other people that he could not pay back to fund his many failures. Mortgages, steak, vodka, casinos, airlines, university, board games, clothing lines, the list goes on. If he had to pay back all he has borrowed from others he would be dead arse broke for many lifetimes. Such is the way of the conman.
Fact is trump inherited a lot of money. He has lost more than he has made and has failed at everything he has tried with the exception of branding and reality tv.
There just is not much to admire there professionally - to answer your question.
This post was edited on 6/19/18 at 6:50 pm
Posted on 6/19/18 at 6:54 pm to Tiger n Miami AU83
Go back to the poli board or the OT with your stupid. I don't know anyone who can't say at least something nice about any public figure. You are just showing your immaturity.
Posted on 6/20/18 at 8:04 am to Tiger n Miami AU83
You are laughable, the company he inherited was worth a couple hundred million IRC. Do yourself a favor and look up the percentage of millionaires that become billionaires.
I'll give you a hint, its really fricking small.
I'll give you a hint, its really fricking small.
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