₦airaland Forum

PrideofLincoln1:
Have said what you just said before. This mental midget needs to be ignored. It's a disease he hot from his lineage and you do not engage him to further ignite his lunacy. You can see that the guy is about a kilometer from entering the market square. So sad for a young guy of 24 years to be wasting his life away due to incurable mental disorder.

Femcentrism and Egalitarianistic-Equalism
Has destroyed leftist men making them weak and illogical in their thoughts and deeds

How can you prove I have mental health problem or are you insulting me you these vagabond

edi287:
I've noticed the more you ignore this Trumpanzee, the harder he goes.

I keep wondering how the boy discovered the thread.He has made this place annoying and boring.
Let's keep ignoring him he will find his way out very soon.

PrideofLincoln1:
Have said what you just said before. This mental midget needs to be ignored. It's a disease he hot from his lineage and you do not engage him to further ignite his lunacy. You can see that the guy is about a kilometer from entering the market square. So sad for a young guy of 24 years to be wasting his life away due to incurable mental disorder.

Lol you nor lie he has become a pest here


What a pathetic situation the worst part is that he does not even contribute anything sensible just blabbing nonsense he knows nothing about from conspiracy websites.

PrideofLincoln1:
If you are opportuned to be a Billionaire like Dangote, people will be saying the same thing about you. That's the way the dice rolls. It's a choice between being a Capitalist or a Communist and I will take my seat with Capitalism. There is no perfect situation in life and we have to play the game the way it was designed.

Yes there is no perfect situation

I agree,

That's where unions and government regulations come in.

These policies are meant to be regulated

Dapcity247:
That Childless career driven incompetent bitch is what you Democrat fools chose to represent your policies

Very pathetic

if e dey pain you go and hug transformer na.

Timiofak:
Yes there is no perfect situation

I agree,

That's where unions and government regulations come in.

These policies are meant to be regulated

I agree with Government regulations and that's one of the differences between Democrats and Republicans who think that Billionaires and Multi Billion Corporations should have a free reign without Government regulations. I remember when the Republicans are fighting against minimum wage so as that these Big Multi Billion Dollar Corporations can pay their employees peanuts while the CEOs are making Tens of Millions of Dollars in Salary and Stock Options.

Ladyhippolyta88:
Lol you nor lie he has become a pest here


What a pathetic situation the worst part is that he does not even contribute anything sensible just blabbing nonsense he knows nothing about from conspiracy websites.

That's the exact reason people should ignore him. The idiot is destined for life of misery and poverty.

Looks like another bankruptcy is loading for Donald J. Trump. Maybe he can get some financial help from his good friends in Naija?

Debt cloud hangs over Trump post-presidency

BY SYLVAN LANE - 01/17/21 08:00 AM EST


President Trump faces an increasingly challenging financial future after he leaves the White House on Wednesday.

Trump is on the hook for hundreds of millions of dollars of debt, most of it due within the next four years, and the legacy of his presidency may leave him with few options to pay it off.

In the wake of the Capitol riots, the New York City government and the PGA of America backed away from business arrangements with the Trump Organization, sapping future income from the debt-laden president. Three banks have announced they’re cutting ties with him — including Deutsche Bank, his biggest creditor — limiting his ability to refinance debt.

“It strikes me that the president is going through a collapse of his financial goodwill,” said John Pottow, a commercial law professor at the University of Michigan.

“There's a bunch of corporate actors who are running away from him, like Deutsche Bank, so I think the last thing they want to do is to refinance him,” Pottow added.

If more banks deem Trump a toxic client, he could face daunting obstacles in navigating his debt.

Trump owes creditors at least $315 million, mainly through mortgages for Trump Organization hotels, resorts and golf courses, according to his 2020 financial disclosure. A Forbes analysis of Trump’s finances, however, found that Trump likely owes at least $1 billion to creditors, some of which he has personally guaranteed.

“Debt he's personally guaranteed means that those lenders can get access to all the equity he owns in all of his other companies,” said J.W. Verret, a financial law professor at George Mason University and former House Republican aide who supported President-elect Joe Biden’s campaign.

“His personal wealth can take a hit,” Verret added.

Trump still holds considerable wealth through his business and claimed to have at least $1.4 billion in assets in last year’s financial disclosure, a self-reported document that is not audited by the federal government. Just $5.8 million of his holdings appear to be in cash or other assets Trump could quickly liquidate in a crunch, according to an analysis by The Hill.

A full picture of Trump’s financial health is impossible to assemble without the tax returns and other financial documents he has refused to release for years. Even so, experts say that based on what is known about his wealth and obligations, the president could face a barrage of lawsuits and collection attempts that could ultimately lead to personal bankruptcy.

“Absent the consent of the lenders, he has no option other than filing for bankruptcy,” Pottow said. “I mean, that's just the way it works. If you owe someone money and you can't pay it, then they can either forgive it or they can sue you.”

Trump, who anointed himself “the king of debt” in 2016, borrowed heavily to finance his empire of hotels, resorts, skyscrapers and golf courses. The president has argued that the amount of debt he owes is common for a man of his wealth and industry and has regularly used provisions of the tax code that help real estate developers write off losses.

While Trump was able to tap millions in borrowed money to expand his business and bolster his image as a cunning dealmaker, experts say he did so at severe personal risk. The New York Times reported in October that Trump personally guaranteed hundreds of millions lent to him by Deutsche Bank, using his own assets as collateral to purchase properties and refinance other debt with the scandal-ridden lender.

Deutsche Bank has several ways to collect on Trump’s debt, most of which matures in 2023, according to Trump’s financial disclosure. The bank could sue Trump if he fails to pay the debt by the time it matures, backtrack on its decision to cut ties with Trump and refinance, or sell the debt to another lender.

Professional Bank, which also recently cut ties with Trump, likely has similar flexibility with the at least $5 million in debt the president owes through a mortgage on a house he owns in Palm Beach, Fla., according to his financial disclosure.

That’s likely to put Trump in a financial bind.

“Oftentimes, borrowers will simply roll over the loan, which means they just swap the loan for a new loan,” said Phillip Braun, a finance professor at Northwestern University.

“Trump may have difficulty doing that because no one wants to provide him with new credit. So that's a serious problem for him,” Braun added.

Trump has faced dire financial straits before and may still have ways to maneuver out of his looming debt troubles. Other creditors could purchase Trump’s debt at a steep discount and give him more time to pay it off.

“At the end of the day, they're not going to light money on fire because they're angry at Donald Trump,” Pottow said.

“If they have a reasonable restructuring proposal that's going to get them paid off without undue risk, they will come to a deal,” Pottow added.

Trump could also start selling off properties or stakes he holds in real estate projects to cover his cash crunch, though Braun said the president may be more likely to turn to the courts as he has in the past.

While Trump’s financial liabilities may be manageable for now, potential legal trouble might make his debt insurmountable.

New York state prosecutors are ramping up their investigation into Trump’s business dealings, which could lead to criminal charges. The attorney general of Washington, D.C. has sued the Trump Organization over the use of funds from the president’s 2016 inaugural committee, and legal experts say Trump could face charges related to the Capitol riots.

Florida Republicans close ranks with Trump after Capitol siege
Biden transition outlines executive actions for first 10 days to deal...

Verret said that, along with steep legal fees, a criminal indictment could prompt Trump’s creditors to speed up the collection of his personally guaranteed debt under certain debt covenants.

“As this pressure grows, the pressure on the lenders to accelerate payments grows, which limits his ability to get loans from anyone else,” Verret said.

“I don't know if he's in a debt spiral yet, but I have to figure that’s where this is headed,” Verret added.

TAGS TRUMP ORGANIZATION DONALD TRUMP JOE BIDEN DEBT BANKRUPTCY

https://thehill.com/policy/finance/534588-debt-cloud-hangs-over-trump-post-presidency

_________________________________
Can you spot the 9ja coon in the crowd?

Another MAGA pays the price. Trump has really divided families. BLM children vs MAGA patents.

Leonidas8:
if e dey pain you go and hug transformer na.

I knew a leftist will react instead of respond to the truth

Leftist are very emotional and childish

I will start viewing them as children

trump just has four days to vacate, but he is installing a crook in a sensitive position. Why? to trash documents and any links to his crookedness. Nothing can be far from that. But they will get him and some of the docs will leak.

trumpy azz about to burn real hot

Obrigardo:
trump just has four days to vacate, but he is installing a crook in a sensitive position. Why? to trash documents and any links to his crookedness. Nothing can be far from that. But they will get him and some of the docs will leak.

Mark this down today, Trump will end up his last years in jail or in exile in a country like Russia where they don't have extradition treaty with the United States. His name and his family name will be a black spot in America and all his enablers will be in the dark book of history and RepubliKKKan Party will be damaged for at least one or two generations for enabling him.

PrideofLincoln1:
Mark this down today, Trump will end up his last years in jail or in exile in a country like Russia where they don't have extradition treaty with the United States. His name and his family name will be a black spot in America and all his enablers will be in the dark book of history and RepubliKKKan Party will be damaged for at least one or two generations for enabling him.

trump's life can make any layman become a prophet overnight. Like watching a movie about an actual bad man been taken down. You just said the truth.

Obrigardo:
trump's life can make any layman become a prophet overnight. Like watching a movie about an actual bad man been taken down. You just said the truth.

According to Shakespeare, The evil that men's do lives after them. That is exactly what will happen to trump. His fake empire built on fraud and deceit is crumbling and he will end up like I said and I would not be surprised if he ends his life in a controversial way by committing Harakiri.

PrideofLincoln1:
According to Shakespeare, The evil that men's do lives after them. That is exactly what will happen to trump. His fake empire built on fraud and deceit is crumbling and he will end up like I said and I would not be surprised if he ends his life in a controversial way by committing Harakiri.

I won't be surprised either, only one knows what trump may have involved himself with over the years. I took back when you said billionaires should be ruthless, imagine trump being this ruthless over the years, posing as a fake billionaire, and ruthless upon people especially black and colored people when he had little money, and influence to play with.

Obrigardo:
I won't be surprised either, only one knows what trump may have involved himself with over the years. I took back when you said billionaires should be ruthless, imagine trump being this ruthless over the years, posing as a fake billionaire, and ruthless upon people especially black and colored people when he had little money, and influence to play with.

Trump's case is even worse. He's never a certified Billionaire but a street corner hustler and a self promoter who happens to be very egotistic. Real Billionaires don't scam people or talk about their wealth all the time like he does. He's a mafioso kind of a guy that cheats everyone that have business connections with him. He doesn't pay the people that build his buildings nor does he pay the Banks that loans him money. That's why he has over 3.000 litigations against him. He's a grifter who cheats everyone that comes into business with him and his biggest scam is the four years he used in conning all Americans. Thank God that his tragic days as the POTUS is about over. The worst President in American History and one of God's worst creatures on Earth.

Trump is in the Dump---ster going out of office.

Trump ending presidency with approval rating at new low: poll

BY KYLE BALLUCK - 01/17/21 08:44 AM EST

https://thehill.com/homenews/administration/534606-trump-ending-presidency-with-approval-rating-at-new-low-poll

PrideofLincoln1:
Trump's case is even worse. He's never a certified Billionaire but a street corner hustler and a self promoter who happens to be very egotistic. Real Billionaires don't scam people or talk about their wealth all the time like he does. He's a mafioso kind of a guy that cheats everyone that have business connections with him. He doesn't pay the people that build his buildings nor does he pay the Banks that loans him money. That's why he has over 3.000 litigations against him. He's a grifter who cheats everyone that comes into business with him and his biggest scam is the four years he used in conning all Americans. Thank God that his tragically days as the POTUS is about over. The worst President in American History and one of God's worst creatures on Earth.

Liess and Hatred

Dapcity247:
Liess and Hatred

Point out the one that is a lie

Timiofak:
Point out the one that is a lie

All are lies from the beginning to the end

Timiofak:
Point out the one that is a lie

Please let this vacuous skunk be. It's of no use dialogueing with a mental midget.

PrideofLincoln1:
Please let this vacuous skunk be. It's of no use dialogueing with a mental midget.

Yawnss
Dullard

Timiofak:
Exactly, 5 years ago I argued about this, but when I look into billionaires money

then I know capitalism is evil.

they are some clean billionaires, but 90% of billionaires at a point in there life must be very ruthless and greedy too make bank

Why are you trying to be rich and be a billionaire if its evil

Fun fact: Donald Trump, Le Pen, Nigel Farage are all CONTROLLED OPPOSITION.

They were all propped by the establishment to deceive gullible people into believing that a “popular revolution” would dislodge the same establishment

PDPGuy:
Fun fact: Donald Trump, Le Pen, Nigel Farage are all CONTROLLED OPPOSITION.

They were all propped by the establishment to deceive gullible people into believing that a “popular revolution” would dislodge the same establishment

The corrupt DC establishment that want to enrich the politicians at the expense of the people,wants to destroy small businesses

raumdeuter:
Why are you trying to be rich and be a billionaire if its evil

Lol, people that know me really well

Know I am not gunning to be billionaire, it's simple statistic, you have to be very ruthless and care about virtually anyone to become one.

If you made $1000 a day without spending a penny, it would take you roughly 3 years to be a millionaire which is virtually impossible, But if you made $1000 since the day Jesus died till now, you would not still be a billionaire

how stupid does that sound.

You have too be extremely lucky/smart to be a billionaire

And you can always be born into wealth, which virtually almost all billionaires were born into wealth

gates, musk, e.t.c

billionaire is far from it

MaziAlaye:
Most of them don't think, they just wanna support the NONSENSE they support so they'll feel cool and accepted among their cycles, that's why I don't take their "progressive expensive hot" takes serious

what load of horseshit is this? A daft slowpoke who does not have one iota of sense comes and rewrites history saying the Roman empire was destroyed by progressivism and you who is supposed to be more educated than the nincompoop didn't even bother to proofread or fact check and went ahead to congratulate him making you his fellow idiot by default that is how trump was able to recruit the lot of you into his cult! When my pastor preaches I harras him with questions so much so that he has learned to avoid me, you just pick an idol and place him above reproach and refused to question all the claims he manufactures from his arse and you claim to be educated? You should refund your parents the expenses on your education! You failed to learn to think critically

BraniacX:
what load of horseshit is this? A daft slowpoke who does not have one iota of sense comes and rewrites history saying the Roman empire was destroyed by progressivism and you who is supposed to be more educated than the nincompoop didn't even bother to proofread or fact check and went ahead to congratulate him making you his fellow idiot by default that is how trump was able to recruit the lot of you into his cult! When my pastor preaches I harras him with questions so much so that he has learned to avoid me, you just pick an idol and place him above reproach and refused to question all the claims he manufactures from his arse and you claim to be educated? You should refund your parents the expenses on your education! You failed to learn to think critically

Blood of Jesus!


You are mean!