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Trump just wants to open up because his hotels (Original Post) leftyladyfrommo May 2020 OP
A Real Billionaire Wouldn't Sweat It ProfessorGAC May 2020 #1
I think I saw where they owed 3.5 million a week. leftyladyfrommo May 2020 #2
Saw That Too ProfessorGAC May 2020 #3
He's compromised every way possible. spanone May 2020 #9
Guess what? They're going to stay empty for a while. smirkymonkey May 2020 #4
that makes sense samsingh May 2020 #5
To me, Newest Reality May 2020 #6
He's hemorrhaging money and votes CanonRay May 2020 #7
And his hotels will still be empty. muntrv May 2020 #8

leftyladyfrommo

(18,864 posts)
2. I think I saw where they owed 3.5 million a week.
Tue May 5, 2020, 07:29 PM
May 2020

Is that possible? I think it was to China. Don't hold me to that.

ProfessorGAC

(64,827 posts)
3. Saw That Too
Tue May 5, 2020, 07:36 PM
May 2020

What I recall it was promissory paper where the interest grows and then the payments begin.
As I recall, it was around a quarter billion $.
$3.5 million a week would be around 18 months to pay back.
I think such paper has provisions to extend the term but probably with a negotiation on higher interest.
18 months to repay seems short, but the the years with no payments probably explain part of that.
Of course, that loan may have been taken with no intention of ever paying it back.

 

smirkymonkey

(63,221 posts)
4. Guess what? They're going to stay empty for a while.
Tue May 5, 2020, 07:39 PM
May 2020

Between the bedbugs and the virus, anyone who can afford to stay at his properties isn't going to suddenly start flocking to them just because he has "opened up" the economy. His cult can't afford to stay at them, and most other people aren't stupid enough to beleive that the threat has disappeared just because Trump says so.

Newest Reality

(12,712 posts)
6. To me,
Tue May 5, 2020, 07:43 PM
May 2020

To me, there is far more to this. The hotels and properties would make sense, but they also fall into his deflection bullshit. In other words what we might assume may not be so. It is a show we are seeing, all the way.

I smell a rat, now. This is looking far more insidious and threatening as it unfolds and I will not give Trump one excuse or any ulterior motive that exonerates him from what looks like an intentional plan where his stochastic terrorism morphs into a potential stochastic form of genocide.

This is the most dangerous individual we may have ever faced, so I would not underestimate his deviousness and capacity for destruction, which has already destroyed a list of targets in our system.

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