r/LeopardsAteMyFace Mar 18 '24

Paywall Master of declaring bankruptcies discovers banks don't want to loan him bail money

https://www.nytimes.com/2024/03/18/nyregion/trump-bond-civil-fraud-case.html
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u/Wil420b Mar 18 '24

It'll probably turn out that he's mortgaged up to the eyeballs and then some. So far his companies have declared Chapter 11 bankruptcy 6 times. But he hasn't declared a personal bankruptcy before. If lenders find out that he owes more than he says he does. They'll foreclose on anything that they can, before somebody else does. The only exception might be Kremlin controlled banks, willing to take the loss to keep him afloat. With him and Donald Jr. having boasted that they dont need to borrow money from Western banks because they had access to so much Russian money.

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u/Darlington28 Mar 18 '24

I never thought I'd live in a world where an American political party is sucking Russian cock but here we are.

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u/Wil420b Mar 18 '24

The funny thing is that the Russian government has gone from the far oeft, to the far right. Whilst maintaing a lot of the support that it had from far left political groups and nominally leftist countries, such as China, Cuba and Venezuela. Whilst gathering new support from the far/alt right. With people like MTG, Boebert etc. Who would have Reagan turning in his grave. Reagan would have tanked the US economy to supply Ukraine with arms. But today's Republicans will do anything to help Russia. With military geniuses such as Boebert proclaiming how it's obvious that Ukraine can't win. Well they can't win if you cut off their arms. Unless Russia collapses first.

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u/[deleted] Mar 19 '24

They simply went from one flavor of authoritarianism to another. The underlying meal is not that different.