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re: Trump announces launch of media company, social media site

Posted on 10/21/21 at 6:45 am to
Posted by Vacherie Saint
Member since Aug 2015
39592 posts
Posted on 10/21/21 at 6:45 am to
quote:

Cool! Another company/business he can bankrupt
This is one of those super uninformed lib talking points that always seem to bubble up. Over 50ish years, Trump has had 4 bankruptcies rolled up in about 3000 business ventures. The average billionaire has 3.5 bankruptcies. Henry Ford, Walt Disney, Milton Hershey, Abe Lincoln, US Grant, and Wm McKinley have all filed bankruptcy. It comes with being rich AF.
Posted by Forever
Member since Dec 2019
5754 posts
Posted on 10/21/21 at 7:37 am to
quote:

The average billionaire has 3.5 bankruptcies. Henry Ford, Walt Disney, Milton Hershey, Abe Lincoln, US Grant, and Wm McKinley have all filed bankruptcy. It comes with being rich AF

The average real estate investor has many more, especially the chapter that Trump has filed. Trump just restructured his debt because of bad timing with market downturns after huge investments, and he paid them all back ultimately. It’s embarrassing how many people are so stupid, uneducated, and completely worthless in life but actually believe that Trump is a shitty businessman who tanks businesses regularly
Posted by mmmmmbeeer
ATL
Member since Nov 2014
7459 posts
Posted on 10/22/21 at 10:56 am to
quote:

This is one of those super uninformed lib talking points that always seem to bubble up. Over 50ish years, Trump has had 4 bankruptcies rolled up in about 3000 business ventures. The average billionaire has 3.5 bankruptcies. Henry Ford, Walt Disney, Milton Hershey, Abe Lincoln, US Grant, and Wm McKinley have all filed bankruptcy. It comes with being rich AF.


Did all American-based banks stop lending money to those other people? He burned so many banks in this country that he literally was blacklisted from borrowing. This is how he ended up going to Deutsche Bank in Germany....ya know, the one that is famous for laundering Russian money?

What's funny, though, is Deutsche Bank has now stopped lending him money


Guess where he gets his money from now? You idiots clicking donation buttons.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 10/22/21 at 11:12 am to
quote:

Over 50ish years, Trump has had 4 bankruptcies rolled up in about 3000 business ventures


It's actually 6 over 18 years(1991-2009), all in the travel and tourism industry. Casinos and hotels.
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