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:
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
OK how about 40 Wall Street...
Tax assessors market value $182.5 million... less what Trump owes $138M leaves $48M net worth... not bad!
40 Wall St, New York - Owner Information, Sales, Taxeswww.propertyshark.com › ... › 10005 › Wall St
View attachment 403510
Can you imagine trying to convince anyone that a person owing $138M is "not bad"? And to think the blob owes about 10X that....and it's coming due in the next 4 years.
This is why we call Trump supporters the dumbest people living.
So dumb you say...
The
financial position of the United States includes
assets of at least $269.6
trillion (1576% of
GDP) and
debts of $145.8 trillion (852% of GDP) to produce a
net worth of at least $123.8 trillion (723% of GDP)
[a] as of
Q1 2014.
en.wikipedia.org
HMMM... So the total USA financial position is 53% of debt to assets... $145T/$269T or 53%
You need to add the two that I reported:
Trump property 1290 Ave of American $1,000,000,000 tax appraised market value less $200,000,000 OWED or a debt to assets of 20%!
Trump property 40 Wall Street Value $182.5 million Trump debt $138 million or debt to asset ratio of 75% or between just these two properties:
$1,182,000,000 divided by $338,000,000 debit or 28% total. Which is LESS debt than the entire USA has at 53%