Trudeau: U.S. Debt is Not Sustainable

Nine_Ender said:
You're delusional about how the world works. I hesitate to ask where you got educated because they failed you and your nation. The vast majority of business is NOT zero sum. Going bankrupt multiple times is NOT normal; all it does is highlight that Trump is a sociopath that cares nothing about anybody but himself and maybe his family. The kind of guy to be avoided in business and life best you can. Perhaps you are a sociopath as well and can relate to Trump on a very basic level.
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Further proof that the left has no message and no agenda at this point, other than the trump hate.
 
dozu888 said:
Further proof that the left has no message and no agenda at this point, other than the trump hate.
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You are too dumb to understand I'm not the "left", or that Trump is spouting ignorance that goes far beyond political allegiances.
 
When someone like Trump who is in the real estate business or similar, i.e. Investment Banking or any throat-cutting business for that matter, you cannot expect him to be nice. He has to do what he has to do to. Using the law to his advantage is the thing that a businessman like him do.

To be fair, he didn't really go bankrupt. He was making 100s of deals and a few got bust. He is considered to be a very good businessman to achieve that kind of a record.

I also believe that we have to get over from what's politically correct or incorrect, and should address the problems as it is. By being politically correct you cannot do a lot of things, couldn't say many things. I would rather have Trump as the president and do what a president has to do than having a president who talks politically correct things but only talks and no action.
 
piezoe said:
That's true when the portfolio is well managed. In Trumps case he was leveraged to the hilt when the casinos went under. Owed money to 72 different banks. he was ruined with nothing left except assets exempt from creditors. That's when the Russian mafioso stepped in and saved his ass. He's been beholden to them ever since. He's a terrible business manager! Now he makes his money selling his name, and extortion, leaves the management to others. Now that he is on the taxpayer's dime he is doing great, however. The only legitimate bank that would loan him money was deutsche bank which is the only western bank that has an office in Russia. Now that he is in position to extort, he will probably be able to get loans from other western banks. Traditionally, his means of operating is to overstate assets, i.e., bank fraud, then live on borrowed money until the house of cards he's built finally collapses. That's why he was always stiffing contractors. He really didn't have the money to pay them. He'd spent it. He's had how many bankruptcies? Is it 6???
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Not to bust your bubble.....but it was was DB and C that Refied Trump. It is such common knowledge a simple search of Trump Organ records brings it up.
 
sss12 said:
Not to bust your bubble.....but it was was DB and C that Refied Trump. It is such common knowledge a simple search of Trump Organ records brings it up.
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he probably got it from the fake news MSNBC.
 
sss12 said:
Not to bust your bubble.....but it was was DB and C that Refied Trump. It is such common knowledge a simple search of Trump Organ records brings it up.
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Do you know the year of the Citi refinancing? It is my understanding he couldn't get any new money from Citi after 1994. Refi wouldn't necessarily mean any new money. I believe it was Russian money (Deutsche Bank and Russian Mafioso connected Banks) that kept him out of the "homeless shelter". He defaulted on loans from 72 different banks and had 6, not 4 as he has stated, bankruptcies. Actually only a con artist genius could get himself into that kind of a predicament and later get himself elected President of the United States. He may be the best con artist in U.S. History, if not the world. If he ends up with Bernie Madoff, he definitely deserves the top bunk.

https://www.upi.com/Archives/1994/02/10/Banks-close-in-on-Trumps-Plaza-Hotel/3659760856400/
https://www.propublica.org/article/trump-inc-podcast-russia-trump-alternative-financing
 
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