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PJMcK

(24,572 posts)
16. Of course they are
Wed Jan 26, 2022, 10:11 AM
Jan 2022

My point, poorly made, is that someone who claims to be $10 billion is going to have liquid assets exceeding $93 million.

Liquid assets, of course, can mean a lot of different things including cash on hand. Other assets that could easily be converted to cash on short notice can be considered liquid.

Trump 's business is a house of cards and he is nowhere near as rich as he projects. His operation seems to require huge amounts of cash flow in order to stay ahead of his massive debt servicing. Meanwhile, many of his hard assets and real estate have plummeted in value over the past 5 years.

He's really stupid.

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