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Wed Dec 26, 2018, 02:38 PM

Trump opposes rate hike because HIS loan will go up NOT because he cares about you!

Powell's Rate Hike May Have Just Cost Trump Another $1 Million



https://www.bloomberg.com/news/articles/2018-12-19/powell-s-rate-hike-may-have-just-cost-trump-another-1-million



Federal Reserve Chairman Jerome Powellís interest-rate increase on Wednesday may add almost $1 million to the Trump Organizationís annual borrowing costs.

The increase may raise President Donald Trumpís cumulative cost from the U.S. central bankís hikes since his inauguration to $6 million per year, according to a Bloomberg News analysis of the presidentís financial disclosures and property records.


I hope every American realizes his ONLY reason to oppose rate hike is his pocketbook. Should I add here that he has these loans and takes this position would be INSTANT impeachment, emoluments, for any Democrat living or dead.

Any.

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Reply Trump opposes rate hike because HIS loan will go up NOT because he cares about you! (Original post)
Eliot Rosewater Dec 2018 OP
at140 Dec 2018 #1
Eliot Rosewater Dec 2018 #2
Wellstone ruled Dec 2018 #3
louis-t Dec 2018 #4
Wellstone ruled Dec 2018 #5
louis-t Dec 2018 #6
Wellstone ruled Dec 2018 #7
louis-t Dec 2018 #8
Wellstone ruled Dec 2018 #9

Response to Eliot Rosewater (Original post)

Wed Dec 26, 2018, 02:42 PM

1. Exactly!

Interest rates are still much lower today than in 1980's, 1990's & 2000's.
Trump is an idiot who does not understand zero interest rates cause asset bubbles
which always deflate later with a bigger bang.

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Response to at140 (Reply #1)

Wed Dec 26, 2018, 02:50 PM

2. If lowering the rate resulted in destroying all life on the planet, he would do it and

wonder why you would think he wouldnt.

Sign...I am sighing at any human being who does not LOUDLY and DAILY denounce this worst person alive.

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Response to at140 (Reply #1)

Wed Dec 26, 2018, 02:54 PM

3. True Trump is a Idiot.

 

Someone posted his unsecured floating Interest rate debt owed to be 340 million. We have zero idea what his so called secured debt is. Or Secured debt that is subject of balloon or other debt arrangements. My guess is,every thing Trump is tied to is three Balloon debt. Typical for Real Estate Speculator operations.

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Response to Wellstone ruled (Reply #3)

Wed Dec 26, 2018, 03:55 PM

4. Wouldn't surprise me to find out

that his inheritance was $400 million and he now has a few million left plus $400 million in debt. That doesn't even include the tens of millions he's defaulted on. He's that rotten at business.

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Response to louis-t (Reply #4)

Wed Dec 26, 2018, 04:20 PM

5. Just a guesst-a-mate,

 

Since his last BK,which I understand he stashed liquid assets from the BK Judge,and settled later with a token fine,he pretty much chewed that up. His Cash Burn was way out of control before the Saudi's bailed him out a few years back,Airline,Helio-business,Boat to the tune of Hundred Millions plus.

From what one gleans from David Johnston's Book,Trump Business's are a pure Ponzi. Cash on hand is Leverage Loans based on Valuation of the underlying Real Estate Inflationary Value. So if the Real Estate Market in NYC continues to drop as has been reported on Bloomberg,the shit is about to hit the fan.

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Response to Wellstone ruled (Reply #5)

Wed Dec 26, 2018, 04:35 PM

6. He will soon divest of his most toxic assets.

Like the Scottish golf courses that are each losing an estimated million a year.

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Response to louis-t (Reply #6)

Wed Dec 26, 2018, 04:37 PM

7. My hunch is,

 

the Underlying Paper is a mess. Either the Saudi's or the Russians Quik Claim his ass or force him into a BK.

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Response to Wellstone ruled (Reply #7)

Wed Dec 26, 2018, 05:12 PM

8. You mean 'quit claim'?

What does he have left to quit claim? His wife?

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Response to louis-t (Reply #8)

Wed Dec 26, 2018, 05:29 PM

9. Quit.

 

Usual happening between lien holder and owner to avoid further Court actions.

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