this post was submitted on 29 Apr 2026
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Literally a business model.
That's what I say about Trump bankrupting all those casinos. It wasn't just because he's a bad businessman (although that's well established), but it's because that was the business plan from the start. Buy the casino, run up the debt, strip it of every possible asset, then file bankruptcy, stiff everyone, and keep the money.
Once he succeeded at that the first time, don't you think Trump would want to do it again? He did, 5 more times. It wasn't bad business, it was a successful business model. He only quit when the courts caught on and he couldn't do it anymore, or he'd STILL be doing it.
It's fun to point and laugh at his poor business acumen, using the casinos as proof, but the truth is much darker - he stole from, and forcibly unemployed, thousands of people, just to line his pockets, and the courts allowed him, and even helped him do it, over and over.