Trump is leveraged to the hilt. His business is a house of cards built on debt he can’t afford to service.
One tiny push and he would suddenly have to hastily sell off assets in a fire sale… which would make all of his other loans suddenly even riskier to lenders.
2/
High-debt businesses reliant on constant access to credit can go down in flames surprisingly fast.
Happens with retail brands a lot. They eke by until it just implodes. Doesn’t matter how big the retail chain is. Once they are in a credit squeeze, it’s a steep spiral.
3/
Because our society has a deep and ruinous disease of “being polite” about terrible people who do harm to the moral netting which protects the vulnerable.
Our culture teaches us to dance around harsh truths about terrible people.
1/
Good people have been worn down over centuries of indoctrination to think there is actually a virtue in pulling up short of attacking threats to our wellbeing with an unrestrained venom.
That model favors abusers.
It favors abuse.
2/
People delude themselves into thinking they are somehow doing a great job by politely maintaining an absence of discomfort while terrible people go unchecked.
That is bullshit. Until we “good hearted people” get much more okay with setting public fire to assholes, we’re fucked.
Yesterday, my son and I went away on a one-night trip. We had just checked into our hotel room. I sat down on the bed and opened my phone to find a ton of unread texts from my friends waiting.
One of our other friends, one of my best friends growing up, is very sick.
1/
I am still in shock.
Having gone through my mother-in-law’s cancer, I’m no stranger to having to compartmentalize.
So, I pulled it together; cordoned off that news for a few hours; and was present with my son for dinner and then a concert.
2/
I stepped out of the room to get coffee this morning and there waiting just outside the compartment I managed to put it in for the night was the news of my friend’s diagnosis.
I’m in shock. I’m devastated. And maybe worst of all, I’m familiar.
3/