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That's what Trump tells his followers since he already knows they are gullible. He can tell them anything and they will believe it. He has proven that over and over again. Con men are good at cons!
I don't know the name off the top of my head, but I was referring to the banks that lost their money when Trump claimed bankruptcy.
When banks can create money out of thin air, through the fractional reserve system, and loan it out what have they lost ? When thin air = money = THIN AIR ?
The air supply is in no danger and the bank loan officer is free to make risky and speculative loans and earn their bonuses whether they do well for the bank or not. What businessperson wouldn't want to take advantage of that situation to speculate as well when protected by bankruptcy ? Nothing ventured nothing gained.
Three bankruptcies and two fires and a businessperson retires, according to a common saying. Its just business.
When banks can create money out of thin air, through the fractional reserve system, and loan it out what have they lost ? When thin air = money = THIN AIR ?
The air supply is in no danger and the bank loan officer is free to make risky and speculative loans and earn their bonuses whether they do well for the bank or not. What businessperson wouldn't want to take advantage of that situation to speculate as well when protected by bankruptcy ? Nothing ventured nothing gained.
Three bankruptcies and two fires and a businessperson retires, according to a common saying. Its just business.
That's a strange view for the lose of 30M. But hey, I guess, no biggie?
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Well, he gets money from foreign banks now, plus the huge amount of Russians purchasing his condos in FL.
It will be interesting to see what becomes of emoluments law suit.
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The US Treasury...check out how much he makes personally every time he visits one of his tacky "resorts"
When did the US Treasury become a bank making loans ? How about never during Trump's term. I remember Obama and/or Bush loaning Treasury money to auto companies. Maybe you are confused on that.
Apparently you know how much he makes when he visits his properties so clue us in with an amount.
Lets see what you have besides the all to common unsupported accusation.
When banks can create money out of thin air, through the fractional reserve system, and loan it out what have they lost ? When thin air = money = THIN AIR ?
The air supply is in no danger and the bank loan officer is free to make risky and speculative loans and earn their bonuses whether they do well for the bank or not. What businessperson wouldn't want to take advantage of that situation to speculate as well when protected by bankruptcy ? Nothing ventured nothing gained.
Three bankruptcies and two fires and a businessperson retires, according to a common saying. Its just business.
Oh .... wait a minute. Isn't that how Trump did business too.
More on how Trumps' policies are starting to destroy America's economy. Farm bankruptcies have more than doubled in the upper mid-west in the last year compared to the Obama years of 2013/2014 - and the trend is accelerating. Sounds like Trump's tariffs are a real winner - MAGA!:
"...The number of farms filing for bankruptcy is increasing across the Upper Midwest. According to a new analysis from the Federal Reserve Bank of Minneapoli, the trend comes on the heels of low prices for corn, soybeans, milk and beef.
The analysis found that 84 farms filed for bankruptcy in Wisconsin, Minnesota, North Dakota, South Dakota and Montana in the 12 months that ended in June. That's more than double the number over the same period in 2013 and 2014...."
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