By design. He sucked out every penny of profit, stiffed all his workers, filed for bankruptcy, and stuck all his creditors with the bills. Then he did it six more times.
That wasn’t incompetence, it was a successful Business Plan, taking advantage of legal loopholes. It worked once, why not rinse and repeat? It’s the American way.
The real question is, does he think he can run a legit business or is his only skill in stealing candy from the pockets of kids as they jump into life rafts of the ship he caused to sink?
I get that. But it is amazing when you see interviews of him back in the 90s and he very obviously couldn’t run a business to save his life. It was always about scams and when called on it his brain would break.
Right, while his casino bankruptcies were an actual business model, that was in the business he was actually best at - real estate development.
Whatever money he made on his bankruptcy scam, he lost on all those other stupid businesses, which were nothing more than stupid rich guy get-rich-quick schemes. Regular people get caught up in Herbalife or Mary Kay, but for a dolt like Trump, he has to blow big entry money on dumb businesses like Vodka, or Steaks, or a University, and lose his shirt.
Remember… He bankrupted a casino!!!
By design. He sucked out every penny of profit, stiffed all his workers, filed for bankruptcy, and stuck all his creditors with the bills. Then he did it six more times.
That wasn’t incompetence, it was a successful Business Plan, taking advantage of legal loopholes. It worked once, why not rinse and repeat? It’s the American way.
The real question is, does he think he can run a legit business or is his only skill in stealing candy from the pockets of kids as they jump into life rafts of the ship he caused to sink?
He thinks that exploiting the bankruptcy system IS running a legit business, and worse, he thinks he’s a genius for doing it.
I get that. But it is amazing when you see interviews of him back in the 90s and he very obviously couldn’t run a business to save his life. It was always about scams and when called on it his brain would break.
Right, while his casino bankruptcies were an actual business model, that was in the business he was actually best at - real estate development.
Whatever money he made on his bankruptcy scam, he lost on all those other stupid businesses, which were nothing more than stupid rich guy get-rich-quick schemes. Regular people get caught up in Herbalife or Mary Kay, but for a dolt like Trump, he has to blow big entry money on dumb businesses like Vodka, or Steaks, or a University, and lose his shirt.