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The Ghost of Jay "FL" Cee Returns - Dow DOWN by more than 1000 points. Economic collapse imminent.
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2019-08-24 at 7:43 AM UTC
Originally posted by Star Trek VI: The Undiscovered Country like raising interest rates and tackling housing costs.
no, he cant.
he cant because america and americans are a bunch of credit fiends. they're addickted to cheap credits.
and the errection of donald trump had created a gigantic bubble, the trump bubble, due to investors' over confidence with the trump brand.
how trump props up america to make it great again is exactly the same as how he proped up his bussiness empire, by inflating a huge bubble around his bussiness as a facade of strength and wealth,
but hollow on the inside.
onve enough investors realize this, american economy isnt just going to collapse, its going to prolapse.
and there'll be feceses and entrails everywhere. all over.
BRACE YOURSELVES FOR THE COMMING ECONOMIC PROLAPSE !!!!The following users say it would be alright if the author of this post didn't die in a fire! -
2019-08-24 at 8:22 AM UTCit was going to just be a collapse, but all the artificial means to try to temporarily stave it off (see: quantitive easing) have empowered it to the point where it's going to stretch the world economy's asshole like you wouldn't believe
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2019-08-24 at 12:03 PM UTCTrump didn't become a multi-billionaire by playing games.
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2019-08-24 at 12:17 PM UTC
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2019-08-24 at 12:22 PM UTC
Originally posted by Rear Naked Joke He is objectively not even close to a multi billionaire if you remove self evaluated brand values.
The net worth of Donald Trump, the 45th president of the United States, is approximately $3.1 billion according to Forbes as of 5 March 2019, whereas Bloomberg estimated his wealth at $2.8 billion. -
2019-08-24 at 12:23 PM UTC
Originally posted by -SpectraL The net worth of Donald Trump, the 45th president of the United States, is approximately $3.1 billion according to Forbes as of 5 March 2019, whereas Bloomberg estimated his wealth at $2.8 billion.
Yes this includes the Trump brand and it's myriad self-appraised properties. -
2019-08-24 at 12:24 PM UTC
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2019-08-24 at 1:12 PM UTCNo one really knows his true wealth! Why do you think he is fighting so hard to hide his tax returns and bank assets. He has filed bankruptcy 6 fucking times. He over inflates his assets. No one really knows. As much of a liar he is, he probably doesn’t know. But the man isn’t a billionaire, he’s lucky to be a millionaire. If he’s not impeached, I’m sure he’s gonna lose much more after he is brought to court for so much more. The worst thing this crooked businessman did, was run for president. He wanted to boost his popularity, but he put his cheating finances in the limelite. Hell, his kids may go down with him😂😂😁😁
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2019-08-24 at 1:18 PM UTCIn 2016, Forbes estimated Trump's net worth at $3.7 billion, and Bloomberg $3 billion.[26][1] During the three years since Trump announced his presidential run in 2015, Forbes estimated his net worth declined 31% and his ranking fell 138 spots.[27] Discrepancies in estimates of various organizations is due in part to the uncertainty of appraised property values, as well as Trump's own assessment of the value of his personal brand.[26][28]
In its 2018 billionaires ranking, Forbes estimated Trump's net worth at $3.1 billion (766th in the world, 248th in the U.S.).[1] Bloomberg Billionaires Index listed Trump's net worth as $2.48 billion on May 31, 2018,[29] and Wealth-X listed it as at least $3.8 billion on July 16, 2018.[30]
In its 2019 billionaires ranking, Forbes estimated Trump's net worth at $3.1 billion (715th in the world, 259th in the U.S.) as of 5 March 2019.[1]
https://en.wikipedia.org/wiki/Wealth_of_Donald_Trump -
2019-08-24 at 1:26 PM UTCIf I sell you 2% of my product stock for $20 million, I can claim I have stock of $$ 1 billion even if I've completely exhausted the market market and all I have is unsold inventory taking a loss.
Trump valuations work the exact same way. There are literally thousands of "paper billionaires" who couldn't turn up $10m in cash if their life depended on it. -
2019-08-24 at 1:27 PM UTC
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2019-08-24 at 1:29 PM UTC
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2019-08-24 at 1:30 PM UTC
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2019-08-24 at 1:32 PM UTC
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2019-08-24 at 1:36 PM UTCI don’t give 2 shit if Hillary lost. We have a crook in the whitehouse.
Aldra,
I doubt it’s wishful, but we we’ll see. Only time will tell! -
2019-08-24 at 1:38 PM UTCIf Trump wasn't in the Whitehouse, it would be Mike Pence.
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2019-08-24 at 1:40 PM UTCNot insulting anyone, but when talks about trump come up here, it seems everyone who does not live here had something to say. You all can only go on what you read; which is usually biased one way or the other. I’m living the middle class reality of trump, you all are not.
Also Aldra, don’t think the NY AG is gonna back down on her investigation of his crooked practices! -
2019-08-24 at 1:42 PM UTCIt all boils down to sore losers who don't want to lose gracefully. Most people, when they lose against someone else, they accept it and move on, but not sore losers. They just can't swallow the fact they lost. Hillary had the exact same chance to win as Trump did. She could have went after the Electoral College, too, but didn't bother. In fact, she ran a horrible campaign, basically sat on the sidelines the entire election, while Trump beat the pavement day after day, drawing in tens of thousands to his rallies. And guess what? The people have spoken. You lost. Hillary lost. Trump won fair and square. So you can blame the Russians and make fun of his hair and his hands, and jump around like crazy loons, but you still lost. You're the losers here, not the winners.
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2019-08-24 at 2:09 PM UTC
Originally posted by Technologist Also Aldra, don’t think the NY AG is gonna back down on her investigation of his crooked practices!
I'm not sure what investigation you're talking about, but the whole 'Russia' thing was a total bust, US presidents universally pardon their predecessors on general principle and the DoJ refuses to seriously investigate or punish people or companies that significantly affect the US economy... let alone a sitting president.
I'd doubt he'd even get the usual symbolic slap on the wrist that Facebook and HSBC did.The following users say it would be alright if the author of this post didn't die in a fire! -
2019-08-24 at 2:14 PM UTC
