Quote:
Originally Posted by kane
There are stories that he is hundreds of millions in debt to some pretty shady banks and he lied about his assets to get those loans. I don't know if that is true, but if it is, that is something he would not want getting out there.
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As I have said in these threads for years, his debt is kinda pf a pyramid structure (upside down).
He is lucky if he can maintain the interest payments on it.
Rates go up a quarter point, he needs new loans to cover for it on top of new loans to maintain it.
Undoubtedly, this will unravel sometime soon. But while he is still POTUS ? Probably not.
It will come when nobody will give him new loans or interest spikes to much to soon.
But in a way, the banks will not take action even if they now know. Realizing the losses would devastate them. As long as he maintains those interest payments, all is good.
There are to many eyes on him for him to make many of the plays he might have, many have to be disclosed while in office.
And if you have been paying attention, he seems overly concerned with interest rates.
Lying about the value of assets would be top on the list.