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Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 8 months ago

ELI5 If Trump is a supposed billionaire why does he keep promoting cheap crap to get money?

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ELI5 If Trump is a supposed billionaire why does he keep promoting cheap crap to get money?

Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 8 months ago
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  • KillingTimeItself@lemmy.dbzer0.com
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    8 months ago

    the man made all of his money through debt maxing and then defaulting, dude is a conman, nothing else to it.

    That and the apprentice, those are the only way he has ever gotten money.

    • Valmond@lemmy.world
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      8 months ago

    • Buddahriffic@lemmy.world
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      8 months ago

      Didn’t that “buy real estate for cheap above buildings so they’d have to buy it back to expand upwards” scheme also make some money? He needed some way to gain credit in the first place that wouldn’t just disappear when he started defaulting on everything.

      • KillingTimeItself@lemmy.dbzer0.com
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        8 months ago

        he also got 400 million from his dad, and then also managed a block of racially segregated apartments with his dad as well, so.

      • Jimmyeatsausage@lemmy.world
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        8 months ago

        Rich daddy.

        • Bakkoda@sh.itjust.works
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          7 months ago

          Rich immigrant daddy.

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