Ever since the "Great Recession of '08" economists have been warning of a Greater Recession to come since the underlying problems have not been fixed...
Global recession WARNING: Next crisis will top Great Depression...It appears that the bill has come due...
Sep. 23, 2018
A GLOBAL economic catastrophe which would put the Great Depression of the 1930s and the financial crash of 2008 in the shade is just around the corner, analysts have warned.
Another Warning That A 2019 Recession Is Coming
Dec. 17, 2018
4 Signs Another Recession Is Coming...
Jan. 16, 2019
According to Yehudit's 'Prophecy', when Mashiach ben Yosef arrives, "Israel will be bankrupt due to bankruptcy in America." You see, the Bank of Israel is used by American interests to regularly buy hundreds of millions of dollars in order to prop up its value. When the dollar crashes, Israel will be left holding so much worthless paper. Furthermore, a lot of Israelis have been living off of income from America.
The Panic Has Begun! China U.S Trade War Heading To Economic Collapse 2019 Stock
Market Crash!
May 7, 2019"...We have perfectly set the stage for the worst financial meltdown in human history...and there is no way out."
Why did anyone think he would do any better running the country?
ReplyDeleteFact Check: Has Trump declared bankruptcy four or six times?
Trump’s companies have filed for Chapter 11 bankruptcy protection, which means a company can remain in business while wiping away many of its debts. The bankruptcy court ultimately approves a corporate budget and a plan to repay remaining debts; often shareholders lose much of their equity.
Trump’s Taj Mahal opened in April 1990 in Atlantic City, but six months later, “defaulted on interest payments to bondholders as his finances went into a tailspin,” The Washington Post’s Robert O’Harrow found. In July 1991, Trump’s Taj Mahal filed for bankruptcy. He could not keep up with debts on two other Atlantic City casinos, and those two properties declared bankruptcy in 1992. A fourth property, the Plaza Hotel in New York, declared bankruptcy in 1992 after amassing debt.
PolitiFact uncovered two more bankruptcies filed after 1992, totaling six. Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004, after accruing about $1.8 billion in debt. Trump Entertainment Resorts also declared bankruptcy in 2009, after being hit hard during the 2008 recession.
Why the discrepancy? Perhaps this will give us an idea: Trump told Washington Post reporters that he counted the first three bankruptcies as just one.