General Discussion
In reply to the discussion: tRump lost 1 BILLION $$$$$$ [View all]A HERETIC I AM
(24,908 posts)Everything he claims to "own" is leveraged to the Nth degree. It's all debt, just as it's turtles all the way down.
I've thought about this quite a bit.
One key is fuel for his airplane, the Boeing 767 he supposedly "owns".
Just like a car, you can make payments on such an aircraft. So the initial lease is on credit. So is the fuel. The fuel is paid on a credit account. The fuel providers are absolutely getting their money, otherwise word would get out and the plane would never get fueled, so that bill is being paid. But where does that credit line go?
My opinion - its both the Saudi's and the Russians. Somewhere way back in the depths of his finances lies a group that doesn't care if they are repaid or not, because they stand to come out waaaaay ahead. Who has ripped off a shitload from their countries and needs to launder it? Russians and Saudis. Trump offers some perfect vehicles; Crappy, overpriced real estate, casinos and golf courses.
In exchange, we'll pay the tab for your dopey airplane and your eastern European wife.
Oh...and a presidential campaign or two.