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

[Eliot Rosewater]

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 Powell’s interest-rate increase on Wednesday may add almost $1 million to the Trump Organization’s annual borrowing costs.

The increase may raise President Donald Trump’s cumulative cost from the U.S. central bank’s hikes since his inauguration to $6 million per year, according to a Bloomberg News analysis of the president’s 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.

[at140]

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.

[Eliot Rosewater]

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.

[Wellstone ruled]

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.

[louis-t]

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.

[Wellstone ruled]

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.

[louis-t]

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

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

[Wellstone ruled]

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.

[louis-t]

8. You mean 'quit claim'?

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

[Wellstone ruled]

9. Quit.

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