• RunningInRVA@lemmy.world
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    11 months ago

    I think he probably has more cash than you think. Selling one or more of his properties to flip the bill will be embarrassing, but there is no doubt he has the financial means to weather this storm.

    • MammyWhammy@lemmy.ml
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      11 months ago

      Selling a large commercial asset is NOT what anyone wants to do right now. He would be selling at a loss and it would be a huge ego hit.

      Additionally selling a large real estate property is exceptionally difficult to do in a short amount of time.

      • n3m37h@sh.itjust.works
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        11 months ago

        That’s what makes it even sweeter, this is equivilant to main lineing a barrel of corn syrup. Fucking love it

    • orclev@lemmy.world
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      11 months ago

      I think he can cover all the judgements to date, but I don’t think he’ll be able to do so without selling multiple properties unless he can steal the money from the GOP. But selling any of his properties is going to hurt him badly. He’s relying on the revenue from those properties to cover his expenses and the more of them he’s forced to liquidate the more precarious his finances will be. A few more judgements against him in the hundreds of millions range like this one and even selling every last property he owns might not be enough.

      You can’t embarrass or shame Trump, he doesn’t care, but if you force him to actually pay his bills? Now that, that will hurt him badly.