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gdl

Followers 89
Posts 7507
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Alias Born 12/18/2012

gdl

Re: None

Thursday, 03/21/2024 11:15:50 AM

Thursday, March 21, 2024 11:15:50 AM

Post# of 1295
A scenario so frightening even "I" find it hard to fathom. TRUMP will likely LOSE any delay in paying off his outstanding penalty of 600 MILLION. It is estimated he already has 200 million of loans against his current property. IF the MARCH deadline stays intact for placing a bond against the settlement amount, he will have his property seized and sold. If, however, everything falls his way, as the other cases have proven to be true, he will stall, long enough to reverse those penalties once he becomes president.

Imagine a bankrupt president with many of his property seized and his company in shambles as he accepts his inauguration. This at a time when the economic prospects for huge profits have never been greater. This at a time when debt by individuals and governments are so large they become ignored thru sheer longevity. Like Madof's Ponzi scheme that lasted decades. Happy times for those creditors till the end came suddenly.

I am not an economist, or financial guru. Just as I wasn't a scientist and virus expert to determine a Pandemic was bad, really bad for everyone. We are leaping into the jaws of a lion hoping he had his fill of food.

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