Trump, Harris make 'closing arguments' ahead of tense US election • FRANCE 24 English

Trump, Harris make 'closing arguments' ahead of tense US election • FRANCE 24 English

FRANCE 24 English

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@jackskysegel9626
@jackskysegel9626 - 30.10.2024 22:30

When it comes to Trump’s business achievements, the facts speak clearly: Six bankruptcies that likely didn’t ruin him financially only because he had his father’s substantial starting capital to fall back on. A truly successful entrepreneur typically doesn’t leave such a mountain of debt, nor are reputable businesspeople regularly driven to bankruptcy. The Apprentice did little to clarify this; rather, it fostered the illusion of exceptional business acumen—typical reality TV drama. Scenes were carefully arranged to portray Trump as a flawless leader and financial high-flyer, while behind the scenes, things looked rather different. Trump reportedly even gave instructions on how he and contestants should be portrayed in the best light possible.

What Trump truly excels at is skillfully shaping reality to his advantage, bending and obscuring truths—a tool that may not appeal to everyone. But for many Americans, it seems enough that he sells powerful dreams and wishful images rather than grounded realities. The fact that so many appear to live in this bubble, holding onto the belief that a TV spectacle like The Apprentice portrayed reality, may be difficult for outsiders to comprehend.

FACTS
Donald Trump experienced multiple business bankruptcies over the years, primarily within the casino and hotel sectors. These bankruptcies impacted companies that carried Trump’s name and contributed to his reputation as a high-risk entrepreneur. Here’s a list of the major companies that went bankrupt:

Trump Taj Mahal (1991)
Trump’s largest and most famous casino in Atlantic City filed for bankruptcy just one year after its grand opening. Construction and financing costs had proven too high, and revenues could not cover the debt.

Trump Castle (1992)
Another casino hotel in Atlantic City, the Trump Castle filed for bankruptcy a year after the Taj Mahal. It faced similar financial difficulties due to high debt and weak earnings.

Trump Plaza Casino (1992)
Just months after Trump Castle, the Trump Plaza Casino in Atlantic City also declared bankruptcy. This property was unable to overcome similar financial challenges.

Plaza Hotel (1992)
Trump’s New York property, the Plaza Hotel, filed for bankruptcy in 1992. He had acquired it in 1988, but the high costs and debts incurred from renovations became too burdensome.

Trump Hotels and Casino Resorts (2004)
This holding company managed Trump’s casino ventures and declared bankruptcy in 2004, with overall debts exceeding $1.8 billion.

Trump Entertainment Resorts (2009)
This holding company owned Trump’s remaining casinos in Atlantic City and filed for bankruptcy again in 2009, accelerated by the financial crisis.
Each bankruptcy affected individual companies or holding entities rather than Trump personally. Trump often described these as “strategic bankruptcies,” arguing he used bankruptcy laws to restructure the businesses. Nonetheless, they left a significant financial and reputational impact, raising questions about his business acumen.

Donald, you’re fired!

God bless America

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@happydog4929
@happydog4929 - 29.10.2024 01:01

I look forward to seeing Kat.♥

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@histoirenonrepublicaine9880
@histoirenonrepublicaine9880 - 29.10.2024 00:35

They have opposite strategies : Trump aims to win.

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@Roskim64
@Roskim64 - 28.10.2024 20:42

Wow, so one sided narrative - clearly France 24 is behind democrats

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