"shermann7, The president of debt [...] * Cohn told associates afterwards that he'd never have supported such an idea when he worked at Goldman Sachs. "I'm a 30% equity guy," Cohn told associates after the conversation. "He [Trump] is 100% leverage."
Why this matters: During his career as a real estate magnate, Trump proudly called himself the "King of Debt." Now, he's the President of Debt — stimulating the economy by slashing taxes and jacking up defense spending without doing anything serious to rein in entitlement spending." https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144892260
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”