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DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Trump opposes rate hike b... » Reply #5

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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Replies to this discussion thread
Arrow 9 replies Author Time 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
LineLineLineLineNew Reply Just a guesst-a-mate,
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
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