The eye-popping judgment against former President Trump in his New York fraud case has laid bare his precarious financial status, a matter that has sent the notoriously incensed real estate mogul o…
Right now $9.5 billion in Treasury Bills can make you $484 million per year. Enough to buy a yacht or pay a massive civil penalty, depending on who you are.
That’s the best thing about Trump not being able to scrape together $460 million. Any real billionaire would just get a loan and pay it off with the income from their investments over time. Never sell good assets unless it’s for more money.
Trump has no good assets that he hasn’t already mortgaged. So no bank will lend to him. He’s probably fucked. We’ll see on Monday.
I think I would too. He could live the entire rest of his life on 9B making zero interest and losing value to inflation.
Right now $9.5 billion in Treasury Bills can make you $484 million per year. Enough to buy a yacht or pay a massive civil penalty, depending on who you are.
That’s the best thing about Trump not being able to scrape together $460 million. Any real billionaire would just get a loan and pay it off with the income from their investments over time. Never sell good assets unless it’s for more money.
Trump has no good assets that he hasn’t already mortgaged. So no bank will lend to him. He’s probably fucked. We’ll see on Monday.