Re:Stock Markets Tumble Amid Worries Over Tech Firms and Tra...
by nkarpov on Monday April 02, 2018 @08:31PM
(#16740810)
> he inherited an estate worth $100 million. It’s not exactly difficult to turn that into $1 billion (compared to, say, turning $10,000 into $100,000.)
And turning $1 billion into $10 billion is even easier!
His business acumen is questionable, as he has gone through four bankruptcies. One of those was a friggin casino. Do you know how hard is it to bankrupt a casino?
His negotiating himself out of personal debt amounted to threatening banks that he would declare bankruptcy unless they reduced or forgave his debt. As the saying goes, if you owe the bank $100,000 you have a problem, but if you owe them $100,000,000 they have a problem.
You must have forgotten about his first presidential bid 10 years ago. His MAGA slogan was trademarked in 2012. So his interest in politics isn’t new.
Lastly, I’m not sure how his marrying a “hot former model” has anything to do with... well, anything.