Wednesday 20 March 2024

Trump is in a load of financial trouble

 Donald Trump is in a load of financial trouble. He did get a bond in the E Jean Carroll appeal but he cannot get one or anything else in his appeal for fraud.

I think the only reason for this is twofold.

  1.  He lied in his deposition hearing when he said he had cashflow of over $500 m and climbing.
  2. He obviously does not own most of his assets that is he has leveraged them to hell. This is why he cannot merely mortgage his properties or get a bond.
Combine both of these reasons is why he cannot find the money to put up in his appeal. If the NY Attorney General then successfully sells off his assets to get the money owed that action and the firesales involved will further show he is not a successful businessman.
It shows his political strategy has badly hampered his legal strategy.

It could not happen to a better person.

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