No, it is not a pretty picture. It is, in fact, pathetic nearly to the point of unrestrained hilarity. The bragging “billionaire” blowhard president of the United States is more than a billion dollars in debt, and about half of that is coming due in the next few years.
According to Alexander’s tally, Trump is $100 million in debt for Trump Tower, with the loan coming due in less than two years. He owes $139 million for his 40 Wall Street property, debt coming due in 2025. His stake in the 1290 Ave. of the Americas property has him $285 million in the hole, and comes due in 2022. His stake in the 555 California St. property is $163 million, and comes due this time next year. This list goes on and on, ultimately coming out to approximately $1.1 billion in debt.
Donald Trump and his entire family are, among other things, perhaps the most obvious pack of grifters to come down the road since the original snake-oil salesmen plied their blighted wares on the dusty byways of a fledgling nation. It does not take an electron microscope and the sensory perception of a canyon bat to pick up on this.
Trump’s efforts to attack the veracity of this news won’t wave the debt collectors away. Understanding this, you will understand why so many are flatly terrified at what he might do in 36 days, and beyond, to dodge the awful reckoning he has fled from for so long.Truthout Tax Returns Show Trump Looting Treasury to Stave Off His Own Financial Disaster