Oldestyle
Diamond Member
It's not that Penny is making herself "look" stupid and uninformed, Kaz...she actually IS stupid and uninformed!Of course Trump's companies are incorporated, Candy! Don't be such an idiot! Anyone who invests in large real estate investments leverages their purchases. It would be unusual if Trump DIDN'T owe money!Oh for God's sake.....
EVERY corporation does that.
Even the USA does that. Do you have any idea how much of the US's debt is held by China ?? (NO)
Please consider enrolling in Business 101
Trump's companies are not a corporation. It's also not a government. He just can't keep printing money to pay off his $1B in Debt. Nor can he float bonds.
Perhaps you should consider that course.
A billion dollars?
Please tell us the ticker symbol of his corporations....
I already corrected you on this. Private company means it's not on a public exchange. You do not have to be on a public exchange to be incorporated. I've owned five corporations, none were publicly listed. All were limited liability corporations that protected me from debt.
You just don't know what you're talking about. I explained it all to you, you should read it so you don't keep making yourself look so stupid and uninformed