what are you most looking forward to in a biden administration

[kaizersoze]

Originally Posted by Thulian [You must be logged in to view images. Log in or Register.]

Being worth billions of dollars? Having multibillion dollar properties he owns in the clear?

As for pardons

Please god pardon tiger king

Too busy writing pardons for all of the people who helped him commit his impeachable offenses [You must be logged in to view images. Log in or Register.]

I also dont think Joe Exotic's offenses were at the federal level, I think most of them were state offenses, which a president cant pardon. That would fall to the governor of his state and presidential for any federal ones.

[Cassawary]

Originally Posted by douglas1999 [You must be logged in to view images. Log in or Register.]

His net assets are worth billions of dollars. How is this even a question?

Being the president is a significant pay cut for him. Paranoid theories about him making a bunch of money by being president are so insanely retarded, like please read a book.

His debts exceed his assets. It's called leveraging.

Hope this helps

[imperiouskitten]

Originally Posted by Gravydoo II [You must be logged in to view images. Log in or Register.]

Pardoning 23 people in one day..? Every single one of them connected to trump inc or his donors.

https://en.wikipedia.org/wiki/List_o...y_Bill_Clinton

I'm just sayin', the precedent is old. The Florida medical scammer seemed like a suspect pardon to me I guess. Pardoning people who got caught up in Russiagate doesn't bug me an awful lot. Anything as bad as pardoning your coke dealer brother?

[cd288]

Originally Posted by Cassawary [You must be logged in to view images. Log in or Register.]

His debts exceed his assets. It's called leveraging.

Hope this helps

Plus being President is also not a significant pay cut for him. Trump has never had much liquid cash flow. Most of his living expenses have been paid via taking out loans by collateralizing his property assets.

It’s going to be interesting to see what happens now that none of the banks will loan to him anymore. Not that most would in the first place...for example Goldman had a no Donald Trump policy for decades, but Deutsche would but even they’re done now so he might be a little screwed. He always paid down his old loans using new loans. He never had significant cash flow that wasn’t debt related.

[Thulian]

Originally Posted by Cassawary [You must be logged in to view images. Log in or Register.]

His debts exceed his assets. It's called leveraging.

Hope this helps

he is in debt like 5 mil and worth like 5 bil

you can use debt to leverage income for a business hence why wealthy people do it

sorry you lost at life and probably dont have 10 thousand dollars

[Gravydoo II]

Originally Posted by Thulian [You must be logged in to view images. Log in or Register.]

he is in debt like 5 mil and worth like 5 bil

you can use debt to leverage income for a business hence why wealthy people do it

sorry you lost at life and probably dont have 10 thousand dollars

Did anyone else read "https://www.youtube.com/watch?v=kav7tifmyTg" in that statement?

[Cassawary]

Normally if your debts exceed your assets it's called bankruptcy

Finance!

[cd288]

Originally Posted by Thulian [You must be logged in to view images. Log in or Register.]

he is in debt like 5 mil and worth like 5 bil

you can use debt to leverage income for a business hence why wealthy people do it

sorry you lost at life and probably dont have 10 thousand dollars

You’re mostly right but this strategy has many limitations which he may discover soon. You need lenders willing to lend. Up until he was President basically the only bank willing to lend to him was deutsche. Now they’re out as well. If you can’t get banks to lend to you and your cash flow is pretty much all the leverage that you take out, you may be screwed.

[Nilstoniakrath]

Originally Posted by cd288 [You must be logged in to view images. Log in or Register.]

You’re mostly right but this strategy has many limitations which he may discover soon. You need lenders willing to lend. Up until he was President basically the only bank willing to lend to him was deutsche. Now they’re out as well. If you can’t get banks to lend to you and your cash flow is pretty much all the leverage that you take out, you may be screwed.

I want to have Donald Trump's leverage problems

I want to be as stupid as Donald Trump is in life in general

Amazing how smart all these peeps are who criticize him, who can barely make it paycheck to paycheck

[feniin]

Originally Posted by Nilstoniakrath [You must be logged in to view images. Log in or Register.]

I want to have Donald Trump's leverage problems

I want to be as stupid as Donald Trump is in life in general

Amazing how smart all these peeps are who criticize him, who can barely make it paycheck to paycheck

Being born into a wealthy family sure makes him smart [You must be logged in to view images. Log in or Register.]