So this guy filed for bankruptcy 4 times and thinks he can afford to buy a country.LOL

so this guy filed for bankruptcy 4 times and thinks he can afford to buy a country.LOL

people thought bush was stupid but this guy is even dumber

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Other urls found in this thread:

foxbusiness.com/politics/trumps-business-credit-score-is-19-out-of-a-possible-100
reuters.com/article/us-usa-trump-ethics-idUSKBN1972XM
reuters.com/article/us-usa-trump-deutsche-bank/bank-staff-flagged-trump-kushner-transactions-for-watchdog-nytimes-idUSKCN1SP0PB
washingtonpost.com/outlook/trump-lied-to-me-about-his-wealth-to-get-onto-the-forbes-400-here-are-the-tapes/2018/04/20/ac762b08-4287-11e8-8569-26fda6b404c7_story.html
law.justia.com/cases/new-jersey/appellate-division-published/2011/a6141-08-opn.html
youtube.com/watch?v=o61BiBCXMCI
twitter.com/AnonBabble

6 bankruptcies. For a total of $6.88 billion

>Autistic screeching from Donald Trump syndrome 24/7 365
You're going to need to keep it up till 2025.

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Almost as retarded as Elizabeth Warren spending 5x our budget on the promises she will never be able to fulfill. But you'll have plenty of time to bitch about Trump for the next 5 years

Mexico will pay for it.

Trump's very good at spending other people's money

>TWO INVISIBLE COCKS

Bush wasn't good and trump is a cuck, but nobody beats nigger obanga in ruining a country

greenland is not a country tho

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Over a century of running it your way [racially homogeneous wealth gods giving all Americans the dregs] it's time to learn your ABC's and get along w the tanned skins...

bush and his supporters are what real republicans look like.unlike trump and his snowflake supporters

Never!

Saved himself 6.88 billion = brilliant.

Billions he never had.
Trump's entire brand is built on other people's money.
He's never been a wealth creator in his life.

let me guess your just pretending to be retarded

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cool story bro
made his own fortune of a borrowed mill
then inherited

if you know anything about business that is a huge success when running overs 100 companies

Well that'd be true if he had ever WON any bets.

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400 million to be exact.

No it's not. Real estate developers and investors create a new LLC for each little thing they do to shield themselves from liability and civil litigation.

The guy that built the house I live in probably has 500 companies too.

A million dollars back then is equal to $7,000,000 now when accounting for inflation. Daddy constantly fed him money, even mysteriously dropped millions for chips at his casino and never collected.

it doesn't matter as long as it triggers the libtards

People think that rhetorical partisan talking points matter.

>of a borrowed mill
Total "loans" from his father were $60.7 million. Which would be worth about $140 million adjusted for today. These "loans" never needed to be paid back, mind you. You can troll all day user but everyone knows he had everything handed to him. He never spent a day of his life not wealthy.

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Trumptards in a nutshell tbh, a bunch of emotional babies who only care about people they dislike being mad

bankruptcy isn't stiffing "anyone"
it clears your debts

using the system to your advantage is smart

oh, so like welfare?

Trump was good at getting people to give him money to spend. Pass or fail thats how this system works. Has anybody done any number crunching on The Donalds revenue numbers (not profit)?

Fuck Off Fed Faggot Retard

>Trump was good at getting people to give him money to spend
until he ran out of banks willing to lend him money

nice trips Sergei but aren't you russians tired of sucking trumps ass all day?

Greenland is a part of Denmark retard. Bankruptcy is a typ of restructuring common in business. There's different types too like Ch 9 vs 11 ect

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Which private bank is financing all of his deficit spending now then? Hmm.

The American Taxpayer.

This.

Not all business ventures work out, and a smart owner knows when to back out of a bad gig. What happens when someone's stock starts falling in value? Do you ride it down to zero and lose everything, or sell it at a strategic time to minimize future loss?

Also everyone here needs to keep in mind Trump has probably lost more cash under his couch that you will see in your working lifetime.

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>Strategically placed country
>Mineral wealth
>Legally feasible
Sounds like a great idea.

And I love a person who knows nothing about business trash talking business decisions.

>Trump has probably lost more of his dadd'ys cash under his couch that you will see in your working lifetime
FTFY

Are you retarded? Bankruptcy is literally stiffing your creditors. That's why you don't owe them money anymore. Because they don't get paid.

What a childish misrepresentation of the situation. Sit down, boy.

>because buying greenland is actually going to happen and it isnt just this week's media distraction

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Ha. That's rich.

I wonder what's going to happen when Austria, Germany, Italy, and France, among others, wont be able to pay their debts soon. Interest rates are already as low as they go. No more bullets left in the magazine for the ECB except print into oblivion

Yep. Which is exactly what we have to look forward to in 10 or 20 years.

If your economy can't function in a normal interest rate environment, meaning above 5%, your economy is shit and unsustainable in the long term.

>agitprop
Fact: Donald Trump has never filed for bankruptcy. I was a shareholder of boston market and it filed BK also America West airlines and it went BK probably a dozen others. Like me Trump has never filed for BK. Shit for brains.

I'm not sure money is worth any less based on who or where it came from however many thousands of transactions ago.

>"Oh you're paying cash? That depends where you got your first dollar, sir."

Fucking idiot. Buckle up kiddo or the next five years might knock you out of your car seat.

Sorry stupid, I'll teach you something for free. When a business files for BK the shareholders are the first and many times the only ones who lose money. The vast majority of creditors are secured and will be paid back.

>so this guy filed for bankruptcy 4 times
He has about 500 business entities in the Trump Group, which means he has a phenomenal success rate: over 99%, and with a net worth of about $3.5 billion, with $655 million in annual revenue. So sure, criticize the four times he failed, and ignore that it is a business strategy to file for bankruptcy, you basement-dwelling incel.

>thinks he can afford to buy a country
He wants the US to buy it, not himself. Idiot.

It's awesome how Trump is able to swing wildly between retard and 4d chess playing genius whenever someone points out why his ideas are good.

His father had millions. He has billions. It's really that simple.

Conservative logic, if it's a rich dude gaming the system to spend other people's money its all fine

>not understanding that there are different forms of bankruptcy
>but criticizing a successful businessman anyway
>being this retarded

>what are lines of credit from banks.

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Idiot. See

He's not criticizing a successful businessman. He's criticizing trump.

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> He has billions.
Zero proof of that, since he refuses to disclose his finances.

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Wrong. Majority of the creditors are unsecured. And shareholders are creditors. You used their money to run the company.

dumpftards are so cucked

I hope to god your timeline is right. 20 years would be nice. I dont believe we have that long to wait. I hope you're right.

Yeah, and in each of them creditors are not paid the full amount they're owed.

Cunt.

Hahahaha like seriously none of that is true. You just want ya guns and ya religion and ya racism. Fuck off and make a real point little boy hahaha

Don't like Trump, but tbh one if his less retarded ideas
And it's not his money, it's our (in US) money

>The Trump Organization, through its various constituent companies and partnerships, has or has had interests in real estate development, investing, brokerage, sales and marketing, and property management. Trump Organization entities own, operate, invest in, and develop residential real estate, hotels, resorts, residential towers, and golf courses in various countries.They also operate or have operated in construction, hospitality, casinos, entertainment, book and magazine publishing, broadcast media, model management, retail, financial services, food and beverages, business education, online travel, commercial and private aviation and beauty pageants.Trump Organization entities also own a New York television production company that produced the reality television franchise The Apprentice. Retail operations include or have included fashion apparel, jewelry and accessories, books, home furnishings, lighting products, bath textiles and accessories, bedding, home fragrance products, small leather goods, vodka, wine, barware, steaks, chocolate bars, and bottled spring water.

>Bankrupts a casino
>His father gave him a "small" loan of a million dollars, he did nothing to get where he is.
>Cant even finish a speech without him saying an incoherent sentence because hes so fucking retarded
You gonna try and act smart and wallow your way to explain that you stupid nigger? Or are you going to suck fat juicy orange cock? You dumb fucking trumptard.

Is this image trump showing them the art of the con then the kikes giving him a copy of art of the con hyper extended edition?

Would be crazy if the largest economy in the EU was facing the same defaults trump has faced. Oh well, good thing thatll never happen.

Depending on who is in charge. Taxes need to go up, a lot, and spending needs to come down across the board. Otherwise when interest rates go up we won't be able to afford the interest.

Probably closer to 10 years if I'm being honest with myself.

>having to hope it'll turn out alright
>delusional

You keep saying money. I dont think that word means what you think it means.
Currency is the word you're looking for. Makes all the difference in the world.

His business holdings are worth $3.5 billion. Each company has their own records. But in the end, it's all privately owned by him.

Cite one credible source that does not list him as a billionaire.

>hur
>dur

Show one that does. Private companies don't have to disclose earnings, assets, debts, or anything else.

Downhill racer, (i.e. wanking two cocks into his open furnace of mouth.)

All the bad things said about Trump, and he was still a better option than Hillary. Kinda makes you think.

Unfortunately the single party we have masquerading as two is not interested in either of those things. Neither is the fed. I think rates will go down before they would ever go up again. My guess is 4 years tops.
Never said anything will turn out alright. It's a certainty that it will not turn out alright. I said 20 years would be nice.

On what basis?

It was Chapter 11 bankruptcy, every time. Reorganization, in other words. He was left on good terms with his creditors in each case.

Since you seem to know so much, prove otherwise. Show me some proof that Trump defaulted on any money he owed a creditor. Good luck.

At least Hillary had the fucking bollocks.

Fair enough

>You just want ya guns and ya religion and ya racism
I'm not a Trump supporter, or a conservative. I'm not religious, and I don't own a gun. I'm not racist, and honestly, I've never seen any proof that Trump is either. Just another lie. And I'm just tired of all the bullshit lies that are distracting from the real problems.

I made real points. Trump is a successful businessman. Anyone that denies that, and just continues to provide no proof, is just a fucking retard.

Trump is facilitating the creation of, and authorizing the expenditure and dilution of billions of dollars that will never, ever, ever be repaid. If that's not a default, I dont know what is.

How has nobody domed that piece of shit, oh yeah, because the fucking retarded nutjobs that do that kind of thing voted for him.

>His business holdings are worth $3.5 billion.
Which is irrelevant if he required loans to acquire them, and if they're not turning a profit.

Currently his business credit rating is garbage, 19/100, whereas the average is 49/100, because he takes twice as long to return on credit payments, assuming he does.
foxbusiness.com/politics/trumps-business-credit-score-is-19-out-of-a-possible-100

He currently owes 315 million to several outlets, including his main creditor Deutsche, which is worth noting to have voluntarily payed millions in fines over accusations of laundering billions in russian money.
reuters.com/article/us-usa-trump-ethics-idUSKBN1972XM

A watchdog within the bank had actually flagged Trump-Kushner transactions, but no one in the company acknowledged it.
reuters.com/article/us-usa-trump-deutsche-bank/bank-staff-flagged-trump-kushner-transactions-for-watchdog-nytimes-idUSKCN1SP0PB

Every cunt who voted for trump is a fucking racist piece of shit...and now this...

More people die in "democrat" run cities every week than mass shooters kill all year.

>Bankrupts a casino
And became more successful than ever...
>His father gave him a "small" loan of a million dollars, he did nothing to get where he is
Turned a million into billions...
>Cant even finish a speech without him saying an incoherent sentence because hes so fucking retarded
He's a successful businessman, and now a successful populist politician. He went from no political background to the POTUS. I don't like a lot of his policies. I don't like him as a person or a politician. I hate his speeches. But he's going to win again because retards like you keep REEEEEEEEing about retarded bullshit instead of trying to point out actual problems, let alone coming up with sound alternative policies.

Absolute fucking legend, donnie 2024

>Turned a million into billions...
Again, no proof beyond his word, a known pathological liar.

The real estate alone, which is all on record and traceable, is worth billions. So he's a fucking billionaire. Get over it, you raging retard.

Cite one credible source that does not list him as a billionaire.

If us bonds dont deflate before the election, he will win. If they do, he wont.
His loss will be attributed to "trade wars", his win will be short lived and the outrage of 2016 will be reenacted at a lower intensity.

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Triggered libtard found

Almost everything that Trump owns is real estate. So his debt is backed by property. Are you really saying that Trump will default on a rel estate empire?

Due to the racist rhetoric spouted by the conservative base and currently by the fool in the white house.

Depends on how rel you want to get my G.

Trump won't win in 2020, the only thing that Trump will successfully take to the bank.

>and if they're not turning a profit
Revenue $655 million (2017), Crain's New York Business, May 9, 2019
>because he takes twice as long to return on credit payments
It's real estate... that's how it works
>He currently owes 315 million to several outlets
Which is far below the net worth, and also lower than revenues
>reuters.com/article/us-usa-trump-ethics-idUSKBN1972XM
No reference to any fines here. And he's not responsible for the behavior of his creditors, anyway.
>reuters.com/article/us-usa-trump-deutsche-bank/bank-staff-flagged-trump-kushner-transactions-for-watchdog-nytimes-idUSKCN1SP0PB
There's no actual proof of wrongdoing here. Like always, it's baseless speculation.

He owns more than a billion in real estate. Again, please address the following:
>Cite one credible source that does not list him as a billionaire.
If you can't do that, fuck off.

Blacks kill blacks in record numbers because of conservative talking points. That's a bit of a reach.

Welcome to capitalism, snowflake. Go ahead and piss and moan about where the rich get their money. True, some people have advantages over others to achieve success. But in this country every citizen, including you and I, has a chance to become one of the elite and climb their way to the top.

You can have your morals and beliefs, and you can admit that it isn't fair. But tell the class how a Chinese dirt farmer can have a child who has a shot at running the country one day. Go ahead and tell us how a gay man can become a governor in Russia.

There's always something to complain about and it is easy to hate someone who has what you don't. Nobody is going to stop you from having a great idea and riding it to riches in America. If you don't like it, feel free to vote and try to turn the place around. But if you have a problem with rich people passing wealth and power to their children, good luck finding anywhere on earth that would do anything differently.

He's a Yea Forums hero as a kiddy fucker with Epstin

Conservative talking points lead to conservative policies, you won't pull anything by reaching too far.

>If us bonds dont deflate before the election, he will win.
They won't, it would take too long. Plus, China is now cash poor and will be forced to cave. Their currency is a manipulated shitshow, and no one is willing to accept it as payment. Their assets in USD are almost gone. Vietnam and India are gearing up to replace them as manufacturing centers. This will all smooth over before 2020.

>If they do, he wont.
They'd have to be hit really hard. The Dems are not floating a candidate that has much of a chance. Which is too bad, because I'd like someone else in office.

"Conservative" policies dictate how many blacks kill other blacks in democratic run cities? I dont get what you're implying here. Can you be more specific?

I’m not sure you understand how bankruptcies work

>capitalism can occur with an obvious marriage between corporation, state, and private central bank.
>capitalism can occur when currency is used in place of money.
Ok buddy.

Are you on glue, Bernie Sanders will take trumps jaw off, that'll be sweet

>Revenue $655 million (2017)
Again irrelevant if they based on loans.
>It's real estate... that's how it works
If you care to show any of his real estate peers that have similar business credit rankings, be my guest.
>Which is far below the net worth
His net worth is based on what HE proclaims, and he's full of shit.
But if he has money, when is he going to pay deutsche bank back?
>And he's not responsible for the behavior of his creditors, anyway.
It speaks to the quality of credits he can access. Wants the whole world to think he's King Midas, yet he's working with shady europeans instead?

>Cite one credible source that does not list him as a billionaire.
Your question is bullshit, since no source has ever publicly verified his finances.

There's a difference between being handed success and working for it you stupid fuck. Clearly you dont understand that.

Foreign bonds are shitting the bed right now.
Best case scenario, 2008 volume 2. Worst case.. I dont really know. 2020 might be fine after the fed drops rates. I'm concerned about when rates are already zero or lower, then bonds shit.

Greenland is a country in the Kingdom of Denmark, but it is not a part of the country of Denmark.

Greenland is a country, in much the same way as Scotland is a country. OP's statement is correct.

>believing that filing for bankruptcy for a handful of businesses when you still have more businesses that are hugely successful equates to failure
>believing that millionaires filing bankruptcy as a business loophole tactic is the same as your stupid ass filing for bankruptcy because you're a loser and can't pay your bills
He's still your President.

>Bernie Sanders
He sold out to Hillary. 25% of his supporters voted Trump as a result. He has 0% chance of getting the nomination, and even if he did, he's a pathetic wimp with shit policies, and will give Trump a landslide.

No establishment Dem can win against Trump, after the last three years of failed investigations and now a likely (and inevitably failed) impeachment attempt. The far left are so out of touch with Americans that it's a joke. The Dem's only chance is a political outsider with sound, moderate policy. Good luck.

Sage political thread

Not even a remote chance. Isn't going to happen.

Trump is gay

The Mueller investigation wasn't a failure.

Trump is Grandpa Abe lol

I'm from the U.K. I would be interested to know what you mean by democratic run city, surely it doesn't matter which city a person kills another person, I wasn't even referring to a specific culture or race, the past week has proven that it isn't just black people that white supremacists hate, but anyone that isn't white, hence the terminology and it's meaning. I mean, we are all the same, regardless of skin color, religion, background, weather you like it or not...people is people.
There are cunt blacks, cunt whites, pieces of shit in every race. But if peace is given a chance, then the government loses out on promoting fear when it suits them, The world is one giant cess, all we can do is try to get by without getting hurt.

Also those disclosure forms indicated debts owed of over 300 million. No specific amount was indicated. It could be 50 billion. No one knows.

I'm not saying it's going to happen, but at least he is a man who sticks by his convictions, trump breaks a window and then blames it on a member of his gang, The guy is a little bitch.

>Again irrelevant if they based on loans.
His companies make more, per year, than the loans. If you call that irrelevant, you have no place discussing business at all.

>His net worth is based on what HE proclaims
>Your question is bullshit, since no source has ever publicly verified his finances.
Forbes, Bloomberg, NYT, Slate, LAT, CNN, Politico, NPR, WaPo, Business Insider. All have assessed his wealth at over $1 billion. They have taken into account various assets, all of which could be independently verified. Most place his wealth in the $3-5 billion bracket. Cite one source that disagrees with this, or fuck off.

Plus I love trump supporters, they really are our version of gyppos, the kind of inbreeding that only a mother/father/brother/sister/uncle/aunt could love...cousin!

We'll see a bit of a dip before it gets better. But the trade war won't last long. And really, it's worth it in the end.

>if his companies made more money he wouldn't need to go bankrupt, also trump doesn't own everything with trump in the name.

The Mueller investigation was neither a failure or a success. It was meant to be neither. But it did show no evidence of collusion by any American, and did not show any evidence of obstruction. Mueller directly confirmed this in the last congressional hearing. And now the public is sick of the whole thing, yet the Dems push on like retarded babies. Instead of proposing moderate policy that has a chance of success.

That's why Trump will win 2020. Which is fucking sad.

That "dip" being the one in the white house.

>if his companies made more money he wouldn't need to go bankrupt
99% of them don't. The ones that did filed for Chapter 11. It's not a fucking default, retard. l2business or fuck off.

>Trump doesn't own everything with trump in the name.
he licenses out the name, in some cases. But he does own everything in the Trump Organization, so yeah, he's worth billions. Cry more about it.

>hur
>dur

holy shit. trump fans are actually this delusional and cucked.

>and did not show any evidence of obstruction.
Yes it did.
You are lying.
>instead of proposing moderate policy that has a chance of success
Moderate policy had no bearing in this day and age. If you think that appeal is essential, then you learned nothing from 2016 either.

If I have a billion dollar asset, with a billion dollar mortgage, what's my net worth?
We don't have any idea what the debt to asset ratio is.

You didn't read the report.

you can talk about bankruptcy when the dems stop talking about giving away trillions of dollars they don't have.

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Mr President?

Like that massive tax cut that was just passes? Where's the 3-5% economic growth that was promised?

Hint: it next to the wall Mexico is paying for.

the important thing .. the ONLY thing that matters ... is that Trump stands by Israel.

>armchair economist
I don't think you understand what you're talking about, the business venture isn't bankrupt trump was

>Yes it did.
>You are lying.
Cite it. I read the whole report, and there was no proof of obstruction. Proof of obstruction, as stated in the report, must show a potentially obstructive act, with the explicit intent of that act causing obstruction. That is the legal burned necessary in order to prove 'obstruction of justice'.

>Moderate policy had no bearing in this day and age.
This is why Dems will lose in 2020. They are gearing up for a reality TV event in order to try to unseat Trump. Instead of proposing policy that will win over the public. Watch them fail.

You think he wants to buy it?
He wants to loan it on a lease he never intends to pay off.
Then in 2020 when the economy crashes in flames he will conveniently have a perfect reason to file for bankruptcy and default us to China.

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My 401(k) is tanking but it's okay because Trump

And no, if he starts something with his name in the title and loses it that isn't licensed out he loses control of that company and makes nothing off of it

>China
Russia*

We know his assets are in the billions. His revenues are in the high hundred-millions, and his debt is in the mid hundred-millions. Anything past that is irrelevant. This has been roughly calculated by dozens of media outlets, using publicly available info.

You are the one that made the claim that he is not a billionaire. Against all available proof. So prove that you are right, instead of just saying 'hur, dur, no one knows anything for sure!' again.

>hur
>dur

>oof of obstruction, as stated in the report, must show a potentially obstructive act
Firing Comey, attempting to get Sessions to recuse and direct the investigation away from it's current focus...
You are a bold faced liar.

>This is why Dems will lose in 2020.
Hillary gave the blandest, moderate platform she could manage.
And what did her message turn into? Nothing at all.

Meanwhile you have a retard in the white house that shut down government over a wall.
The center is dead.

There are different types of bankruptcies you cuck, this myth has already been addressed.

Show were it's been publicly verified he's a billion.

>the business venture isn't bankrupt trump was
Literally what? Trump never filed for personal bankruptcy.

>doesn't understand the concept of licensing
ok, I'm done with you now.

What great end is trump's "trade war" going to achieve?
Our deficit spending will only grow. Just paying the interest on our debt will become impossible.

He turns a million dollar loan into a billion dollar brand and you can't even turn your 100k student debt into a stable job.

lel

>weve been told, he won't actually show shit

How can OP be such a giant fagget?!

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>Firing Comey
Based off of recommendations by Rosenstein and Sessions. Besides, he was incredibly politically motivated and inept. Comey pushed the Steele dossier as a "credible source", which has since been completely debunked and proven to have origins in the Democratic party. He was clearly partisan, which is a no-go for the position of FBI Director. He was rightly fired. and it is not obstruction.

Why didn't Mueller state that there was obstruction? he had many opportunities. And when the Dems questioned him, he outright said "No." give it a rest, you fucking conspiracy theory nutjob.

>The center is dead.
The center will choose the next president. All you have ot do is appeal to them.

>Show were it's been publicly verified he's a billion.
I didn't make the initial claim, you did. But ok.

Forbes, Bloomberg, NYT, Slate, LAT, CNN, Politico, NPR, WaPo, Business Insider. All confirm this, from his asset to debt ratio. You can go cry in the corner again.

We will no longer rely solely on China for manufacturing. This will reduce market volatility for the next few decades.

Its not licensing, it's the bank taking your shit because he had no actual money to give them.

I never made that claim. And your claims are completely unverified. The only thing we have any idea about is assets. Revenues, debts, and audited financial statements have never been publicly disclosed.

Wrong. We don't know the debts. All the financial disclosure statements said was "owed over 300 million". Could be 301 million, could be 10 billion. We have no way of knowing.

>your claims are completely unverified
They are not my claims. They are the claims of Forbes, Bloomberg, NYT, Slate, LAT, CNN, Politico, NPR, WaPo, and Business Insider. And more. They did a better job than I could at investigating this. And since you have provided literally nothing of substance to the contrary, you can go suck a dick.

All of this is based on various filings, all of which have brackets. "owed over 300 million" could not mean 10 billion, if there is another bracket above 300 million. It would mean something like 300 million to 500 million. That's the way it works. And when Forbes, for instance, estimates these numbers, they take these bracket and apply a formula to determine the most likely amount. They definitely have a margin of error, but that margin is not going to turn their 3.7 billion estimate into something under a billion.

Business A is dead. Business B is the new thing that put Business A in the grave. Business A has no future. Business B is growing like wildfire.

Which Business would you invest in?

Trump guy literally thinks our country should invest in coal. FUCKING COAL. He's a goddam moron.

you Trumptards really need to read more, christ

You guys realize you're literally just parroting what Trump has said, right? And that he just makes shit up and you cucks swallow it? It's been completely disproved and laid out in detail by investigative journalists who actually did some real work looking into his dad's wealth, how much Trump got, and the specifics of how that wealth was funneled from father to children.

There was a very good NYT article on it from what I remember. But I know, NYT is fake news, public records are forged by libs or whatever, etc etc.

Since you refuse to acknowledge the debts and loans for which his business is sustained on, or his shitty national credit ranking which you've yet to account for, he's previously lied to Forbes to get on the list
washingtonpost.com/outlook/trump-lied-to-me-about-his-wealth-to-get-onto-the-forbes-400-here-are-the-tapes/2018/04/20/ac762b08-4287-11e8-8569-26fda6b404c7_story.html

But what really sealed the deal in my view was his lawsuit against Timothy O'Brien. Trump had personally promised unprecedented access into his finances. This "exclusive" connection proved to be bullshit, and after a while O'Brien had to rely on anonymous sources from within the Trump ORG, which estimated his personal wealth at around 300-500 million. Which is certainly rich asf, but nothing as Trump brands himself as.
Trump ended up suing O'Brien for defamation. O'Brien won

law.justia.com/cases/new-jersey/appellate-division-published/2011/a6141-08-opn.html
>The court held: "Those investigative efforts demonstrate that Berman did not deliberately fail to seek confirmatory information or otherwise act with reckless disregard for the truth."
>That difficulty is compounded by Trump's astonishing ability to prevaricate. . . .

>[W]hen Trump says he owns 10% of the Plaza Hotel, understand that what he actually means is that he has the right to 10% of the profit if it's ever sold. When he says he's building a "90-story building" next to the U.N., he means a 72-story building that has extra-high ceilings.

>And, finally, defendants point to a January 19, 2000 article in The Wall Street Journal that noted Trump's boasts of his success but then stated:

>But a look at the major sources of his wealth, including the Trump Place apartment development on New York City's west side, the 70-story Trump World Tower project and the midtown General Motors Building, shows that several of his billions are based on profits that are far in the future and far from guaranteed.

But possibly the most salient bit of the whole case was Trump's Testimony. He lies like a child, and literally uses his feelings instead of facts.

>Q Now, Mr. Trump, have you always been completely truthful in your public statements about your net worth of properties?

>A I try.

>Q Have you ever not been truthful?

>A My net worth fluctuates, and it goes up and down with markets and with attitudes and with feelings, even my own feelings, but I try.

>Q Let me just understand that a little bit. Let's talk about net worth for a second. You said that the net worth goes up and down based upon your own feelings?

>A Yes, even my own feelings, as to where the world is, where the world is going, and that can change rapidly from day to day. Then you have a September 11th, and you don't feel so good about yourself and you don't feel so good about the world and you don't feel so good about New York City. Then you have a year later, and the city is as hot as a pistol. Even months after that it was a different feeling.

>So yeah, even my own feelings affect my value to myself.

>Q When you publicly state what you're worth, what do you base that number on?

>A I would say it's my general attitude at the time that the question may be asked. And as I say, it varies.

He is a bullshit artist. And is using his powers as President to shield the charade from the public. At ANY time, he could put speculation to rest, but he cannot undo that fortress of lies.

You don't seem to understand that the sources I'm listing are not basing their info on his claims. They are doing their own investigation.

>O'Brien
That lawsuit was bullshit. But O'Brien was also full of shit. No one agrees with him, and his math was shit.

>Trump's Testimony.
Trump is an overly sensitive sociopath. And a liar. I'm not disagreeing on that. Trump says he's worth $10 billion, and I've seen no proof of that. Neither has any reputable source. But the reputable sources all put him around $3 billion. Nothing you've said has done anything but prove Trump is a shitty person. But being a shitty person does not negate the possibility of being a billionaire.

youtube.com/watch?v=o61BiBCXMCI

>They are doing their own investigation.
Then they're working with a similar amount of access to his actual finances as everyone else.
> shitty person does not negate the possibility of being a billionaire
The onus is on him to make it verifiable. When he goes out of his way to hide it, and has multiple sources testifying he weaves a labyrinth of inflated assets and hidden tax records, then like everything else about his life I can only assume it's bullshit.

Business 101 you fucking monkey

So you're perfectly happy to accept one guy's assessment of Trump's wealth, because it's low, but not the dozens of organizations that did their own independent assessments? Nice job with the confirmation bias.

Who said I accepted O'Briens estimate?

So you basically have nothing. Got it.

Disingenuous.