Trump is actually a billion dollars in debt!!!

Sainte Vaches

God bless the capitalist pigs at Forbes!

what a gunt.

So much winning.

TWO peanuts!

Grifters gonna grift

ALL smart businessmen have billions in debt!

According to the article his critics claiming that he isn't a billionaire are wrong. Forbes puts his net worth at 2.5 billion with 1 billion owed, so he's still a very, very wealthy man.

He might not even have enough to qualify being introduced like Horace Vandergelder, who at least was a well-known "half-millionaire" from Yonkers!

My parents long maintained that he's a paper billionaire and a real-life (liquid) thousandaire.

I hope he didn't put up his small penis as collateral.

Dear mr Joe. Please trace your hands. Get Hunty Hunter to do it too.

Don't use it unless you need to.

Love,

R8, but his estimated assets are in real estate (that he owes these 1b in loans on) not liquid, not money he can pull out of an ATM or even pull from stocks.

and a lot of those buildings are "under water", worth less than he paid for and took out loans for, but still owes

Why assume this is the extent of his debts?

[quote]His estimated assets are in real estate (that he owes these 1b in loans on) not liquid, not money he can pull out of an ATM or even pull from stocks.

So, like, would his Discover card get declined at the Sizzler?

"Why does Trump put his name on all his buildings? So the bank knows which ones to repossess."

That's like saying someone who owns a million dollar house half paid off is half-million in debt. True but not as awful as it sounds.

Surprise, motherfucker!

Damn, Donald really does suck at everything! What a joke!

Foreclose! Reclaim Ivanka's chest balloons!

Jared is also reportedly in lots of debt, which is part of why be was ass kissing the Saudis.

R17, it is awful if they took out loans against said property, then default on them. If your house is valued at a million and you have loans against it for 900,000, and you default, you get a hundred grand when or if it gets sold. If the property deprecated, they won't even get a million; they take what they can and write off the rest.

Like we all didn't know trump as a liar, especially about his $$.

Wouldn't even get that R21 because of all the closing fees.

[quote] According to the article his critics claiming that he isn't a billionaire are wrong. Forbes puts his net worth at 2.5 billion with 1 billion owed, so he's still a very, very wealthy man.

If this were true, trump himself would have told us repeatedly. He also wouldn't have gone to great lengths to hide his tax returns.

Forbes Magazine: the propaganda arm of the 1%.

And I'm supposed to believe this shit about Trump simply because Forbes Magazine says so?

R25, they usually lie to defend Trump, not attack him. If they are saying this about Trump the truth is probably much worse

His father would be so proud

Forbes usually allows the wealthy to self report their net worth.

Like when Forbes put Kylie Jenner on the cover and claimed that Kylie was the youngest-ever billionaire. But a little sleuthing soon discovered that she is not a billionaire. She is mega rich, but not a billionaire. It was spin.

[quote]Foreclose! Reclaim Ivanka's chest balloons!

Take the hairdo back!

So what happens when his lenders want what’s owed? Hmmm?

[quote] So what happens when his lenders want what’s owed? Hmmm?

They cheat him into the office of President, then use him to drain America’s economy into their pockets.

You know, like he’s been doing for the past few years now.

Actually he’s 2 billion in debt, twice OP claims. Let’s keep playing this game. He has more debt than you’ve ever seen! They say the banks give him the money! He doesn’t even ask! No one does it better!

Why did he purchase a golf course near Washington in 2009? He had no connection to DC at the time, except trashing Obama in the media.

More credence to my theory that the Russiapublicans paid him a billion dollars to run for POTUS as a celebrity candidate. He doesn't do anything unless it means much-needed cash.

I think the reason he almost exclusively eats McDonald's is because that's all he can afford.

R35 sounds credible. You can’t tell me his dad ate that garbage!