Prediction: The coming recession will leave the Trumps bankrupt. Without a penny.
My husband is from Chile. In Spanish: Dios castiga pero no a palos (God punishes but not with sticks)
Or, poetic justice.
(This 👇 of course, is why he's desperate to end social distancing)
My husband is from Chile. In Spanish: Dios castiga pero no a palos (God punishes but not with sticks)
Or, poetic justice.
(This 👇 of course, is why he's desperate to end social distancing)
His “empire” is in debt.
He will lose the trappings. He won’t be able to pretend to be rich anymore.
Picture him living in a middle class home. No jet. No helicopter. No dynasty.
He will lose the trappings. He won’t be able to pretend to be rich anymore.
Picture him living in a middle class home. No jet. No helicopter. No dynasty.
The hotel business and golf course business (particularly when floated by debt) is particularly vulnerable.
It's the first to go belly up, last to recover.
Plus he doesn't actually have money or add value. It's debt.
It's the first to go belly up, last to recover.
Plus he doesn't actually have money or add value. It's debt.
Trump says: I am losing money by being president!
People point out how he milks the presidency for money.
These two things are not mutually exclusive.
He can be cheating left and right and still barely staying afloat . . .
People point out how he milks the presidency for money.
These two things are not mutually exclusive.
He can be cheating left and right and still barely staying afloat . . .
Take all the people currying his favor by staying at Trump hotels.
Maybe his brand has become so toxic that without people currying his favor, he wouldn't generate enough revenue to make his payments.
Why do you think he wanted interests rates low? Because of his massive debt.
Maybe his brand has become so toxic that without people currying his favor, he wouldn't generate enough revenue to make his payments.
Why do you think he wanted interests rates low? Because of his massive debt.
Leveraged is the word I was looking for.
There's nothing actually propping it all up.
There's nothing actually propping it all up.
Can this support the lifestyle of private jets and helicopters, or his name on skyscrapers, or hobnobbing with world's most the most powerful dictators?
He's all about branding.
I don't think he wants to be another Hannity.
He wants to own the network.
He's all about branding.
I don't think he wants to be another Hannity.
He wants to own the network.
