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Response to bucolic_frolic (Reply #22)

Tue Jul 17, 2018, 10:11 AM

26. The real estate serves money laundering purposes

and his creditors are not normal banks. Deutsche Bank yes but that's only one part of it.

How does someone so heavily leveraged in real estate survive a crash like 2008? Someone else with a lot of money wants to keep them afloat. That's my simple explanation.

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