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- #241
Not really. Trump has hidden a lot of his debt from public view, obfuscated when asked about his massive debt, and is clearly not that great a businessman....having filed for bankruptcy multiple times.
Forbes brought some of the debt into sharp focus in a recent article:
Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested
The president’s liabilities are spelled out in dozens of documents, published here.www.forbes.com
Yes...over $1B in debt is owed by Trump. And that is just what the experts at Forbes can find from the public disclosures which are murky at best. Murky by design no doubt. The multiple lenders (Deutsch, Ladder Financial, etc...) own most of his ass. But that's quite a bit of ass to own...there are a lot of harpoons in the whale.
Here are the top debts that he owes as described in the article....
View attachment 403160View attachment 403161View attachment 403162View attachment 403163View attachment 403164View attachment 403165View attachment 403166View attachment 403167View attachment 403168
So what's the debt to market value ratio? That would be the only way to know if he is over leveraged.
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Owing a billion dollars--a lot of which will be coming due in the 2nd term is a national security risk to say the least.
Owing a billion dollars is irresponsible from any standpoint.