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EarlG

(21,952 posts)
Fri Oct 4, 2019, 04:00 PM Oct 2019

How long before Trump attempts to declare bankruptcy?

Since he’s running the government just like one of his businesses, wouldn’t the next logical step be for him to declare bankruptcy and walk away?

Come on, Donald. This is the part where you stop fighting and quit!

14 replies = new reply since forum marked as read
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How long before Trump attempts to declare bankruptcy? (Original Post) EarlG Oct 2019 OP
i think this is the great plan rampartc Oct 2019 #1
Oh gosh . . . . Iliyah Oct 2019 #2
Yes, and maybe New York could forgive him if he goes? pwb Oct 2019 #3
tRump enid602 Oct 2019 #4
When we see those tax returns safeinOhio Oct 2019 #5
He thinks the government can just print more money to deal with a debt crisis, Tanuki Oct 2019 #6
I was thinking more of his EarlG Oct 2019 #7
:) He wouldn't know what you're talking about, of course. Hortensis Oct 2019 #8
Moral bankruptcy? Credibility bankruptcy? PCIntern Oct 2019 #9
Like in The Office? tinrobot Oct 2019 #10
Moral bankruptcy? RainCaster Oct 2019 #11
On a related note, what ever happened to the Trump Organization's CFO, Allen smirkymonkey Oct 2019 #12
Who owns the debt? 32.5% keithbvadu2 Oct 2019 #13
Donald recommended defaulting on the national debt. keithbvadu2 Oct 2019 #14

rampartc

(5,416 posts)
1. i think this is the great plan
Fri Oct 4, 2019, 04:03 PM
Oct 2019

run up so much debt that the sale of federal assets, national parks and such, (at cut rate prices) starts looking like a good idea.

pwb

(11,276 posts)
3. Yes, and maybe New York could forgive him if he goes?
Fri Oct 4, 2019, 04:11 PM
Oct 2019

I would go along with a deal like that just to be rid of his regime .

enid602

(8,620 posts)
4. tRump
Fri Oct 4, 2019, 04:12 PM
Oct 2019

I think he’ll be safely out of the country in a few weeks. I think he’s been offshoring cash for a while. He’ll leave the debts and properties here. Do you think that the $1 billion commission tRump made off the sale of Putin’s interest in Rosneft ever made it to the US? I doubt it

Tanuki

(14,919 posts)
6. He thinks the government can just print more money to deal with a debt crisis,
Fri Oct 4, 2019, 04:36 PM
Oct 2019

so he won't be declaring bankruptcy this time around.

Hortensis

(58,785 posts)
8. :) He wouldn't know what you're talking about, of course.
Fri Oct 4, 2019, 05:05 PM
Oct 2019

Pelosi said that, when the master dealmaker called to see if they couldn't just make this go away, he was surprised that she thought what he did was wrong.

 

smirkymonkey

(63,221 posts)
12. On a related note, what ever happened to the Trump Organization's CFO, Allen
Fri Oct 4, 2019, 07:26 PM
Oct 2019

Weisselberg? It seems like he just dropped off the radar. I'm sure he knows where all the bodies are buried as far as Trump's finances are concerned, and maybe more. Why hasn't anyone subpoenaed him to get the dirt on Trump and family's dirty dealings?

keithbvadu2

(36,829 posts)
14. Donald recommended defaulting on the national debt.
Fri Oct 4, 2019, 10:56 PM
Oct 2019

Donald recommended defaulting on the national debt.

Negotiating with the creditors to take less money.

Don’t forget that much of America’s debt is owned by Americans, not just the Chinese and other foreigners .

Donald Trump's Glorious Threat To Default On The National Debt Is Just The Conventional Wisdom

https://www.forbes.com/sites/timworstall/2016/05/07/donald-trumps-glorious-threat-to-default-on-the-national-debt-is-just-the-conventional-wisdom/#59ab980ca367

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