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Moral Compass

(2,414 posts)
6. Trump was and is broke
Thu Nov 16, 2017, 01:22 PM
Nov 2017

I keep posting this on various sites. Got into long running Twitter battle with some moron on Twitter about this.

Trump was and is broke. When you look at the properties he still owns versus the revenues they are producing and consider that they were purchased with borrowed money from some source... you can only conclude that he is underwater now and has been underwater for quite some time.

Trump has a history of buying properties that look good on the front end but don’t have long term staying power. One example is his Turnberry golf investment in Scotland. That course and the club associated with it and the real estate development associated with it is losing money every year.

Trump tries to build his way out of his problems. He always has and always will.

His running for the presidency was primarily motivated by a desire to keep his empire going. He thought that he could use having the presidency as leverage.

The problem he is having is that most of what he planned is not coming to fruition.

Mar A Lago has lost millions in charity bookings because the Trump brand is becoming radioactive.

This is going to become the big story.

Trump is broke and has been for awhile.

Recommendations

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so, Trump paid $14 million for a mansion in 2004 NewJeffCT Nov 2017 #1
Strange indeed! orangecrush Nov 2017 #3
seems legit D_Master81 Nov 2017 #4
$41M, not $14m mopinko Nov 2017 #8
thanks for the correction NewJeffCT Nov 2017 #9
Money laundering Johnny2X2X Nov 2017 #2
Sure looks that way orangecrush Nov 2017 #5
Trump was and is broke Moral Compass Nov 2017 #6
Dumpf drew a red line and said don't cross it SonofDonald Nov 2017 #7
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