Donald Trump is no Billionaire
Donald Trump is no Millionaire
Donald Trump is no Thousandaire
Donald Trump is no Dollardaire
Donald Trump is no Pennyaire
Donald Trump is no Nillionaire
ALL OF US HAVE MORE WEALTH THAN TRUMP
Donald The Duck McTrump is a Debtonaire
#Debtonaire
Let's take quick look at Trump financial problems
He was LOSING MONEY on his primary business, the hotels & resorts - according to the last tax returns - during the FIRST TWO YEARS as President
That should not be possible. He was using them as money laundering bribes-machine
Trump has to pay attorneys. I do not mean clowns like the ex attorney Rudy Giuliani. I mean real proper attorneys who defend his MULTIPLE lawsuits currently. They will demand payment in advance because Trump built a reputation of not paying
My guess is 5 full time attorneys. Top guy charges $10,000 per day. Average of others say $3,300 per day. Their monthly billing is .... half a million dollars
EVERY MONTH
This is BEFORE they start to indict Trump on 20 criminal cases.
This is where Trump uses his donor money
But what of the interest on his DEBT
Trump owes very roughly one Billion dollars. The interest will be maybe a point above LIBOR so say 4%. Trump has to pay $40 million dollars per year in INTEREST ALONE
$3.1 million per month
$100,000 per day. In interest fees
Ouch
That is why he is trying to sell his S-76B helicopter. It is 30 years old. Trump will not get market value for it in this market which would be about one million dollars. He'll be lucky to get $600,000. So he can't pay one WEEK of his interest on his debt..
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