Quote:
Originally Posted by bronco67
Every time you hear something about their business (Trump or Kushner) it has something to do with either current massive debt, or another pending loan? Don't these super rich people have their own money to spend?
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I have pointed out many times that Trump has no money.
It is a pyramid scheme of loans.
Some of the banks even know this but he is in so much hawk, they have little choice.
It has been the pattern since the 90's... take a look at the initial Trump Tower bankruptcy.
But it is a shell game of company names.
Why do you think he gets so nervous when the fed wants to hike rates a %point.
He is instantly worth 20% less and needs new loans to float.
FYI... for those that do not know, these big corporate loans are not like a mortgage, they normally do not have to pay the principle back, but they have to keep up with the interest payments.