Donald Trump May Be Closer To Bankruptcy Than It Seems

[Kennah]

https://www.newsweek.com/donald-trump-bankruptcy-court-awards-e-jean-carroll-new-york-fraud-case-engoron-1877890

Donald Trump may be in a worse financial situation than most people think, a financial analyst has said.

Jon Gabrielsen, an Atlanta-based market economist, told Newsweek that Trump's liquidity problems may be more acute than they first appear, as businesses need extra cash in reserve to avoid bankruptcy.
...
"You are not bankrupt when your balance hits zero, you are bankrupt when your balance falls below the amount of float you need in order to continue as a going concern."

He said Trump's total company balances are at, or less than, the fines, without even considering the necessary float Trump needs to keep the companies alive.

[Walleye]

1. He couldn't even get the lowest level security clearance, millions are ready to give him the keys to the whole shebang

I wish they really were patriots like they call themselves

[Blue Owl]

2. It's baffling how this con-man still has a chunk of followers

How can they not see through this charade?

[unblock]

3. Its embarrassing to admit you were conned.

And that's when you're surrounded by people telling you you were conned.

A lot of these people are surrounded by people who still believe. It's even harder to break free then.

[TlalocW]

4. Is that $4 billion deal with Truth Social still going through?

I don't want him to get an influx of cash.

[Fullduplexxx]

5. He's been bancrupt many times and his people dont care they will still send him their money