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In reply to the discussion: Donald Trump facing eviction from Mar-a-Lago over rule breach [View all]ProfessorGAC
(77,720 posts)I don't think there's enough revenue to cover debt service.
The debt is much higher than advertised per the Moody creditworthiness reports of 2013 & 2018.
Those reports did NOT include the loans from German & Chinese banks.
There's enough evidence out there to reasonably conclude the TO has been borrowing money to cover interest on existing debt.
If it had never been POTUS, I think we'd have been seeing BKO stories in the media for the last 3 years.
Now, the brand is toxic to 70% of Americans & hundreds of millions in other countries.
I think there's much deeper financial issues.
Now, we do agree there won't be missed meals. BKO doesn't take all means of support, & there's the ex-POTUS pension.
But, there's going to be a desperate scramble for luxury