Trump lost a billion dollars on a casino where the house always wins. How is that possible?
@sinkspur He did it partially by charging all the living and playing expenses of himself and his whole damn family to the corporation,including inflated salaries.
The corporation went bankrupt and contractors,workers,and investors lost all their money,but he made millions from it.
It's no secret that stripping out a corporation and maximizing personal profits while running it into bankruptcy is a large part of his business model. He has done that at least 4 times in the US and once in Mexico.
I have been told he even writes about it in his book about the "art of making the deal".
He didn't invent this philosophy by any stretch of the imagination. It was the parasites that created the depression that came up with the concept,except their focus was bankrupting corporations and even countries,and then buying up their assets at a penny on the dollar at bankruptcy sales. He's the $1.98 version of those guys.
