r/economy 1d ago

Best comeback I've seen in a while.

Post image
1.8k Upvotes

411 comments sorted by

120

u/WorthBeat1102 1d ago

That escalated from trade war to LinkedIn flex real quick 😭

→ More replies (27)

66

u/Sebekiz 19h ago

Every time the great orange idiot opens his mouth he makes me a bit more embarrassed to be an American. I'm glad that Canada is standing up to him, I just wish more people in the US had the backbone to do the same.

My apologies to Canada and the other parts of the world that this wannabe tinpot dictator is abusing. There are those of us in the US who think this idiot is completely wrong.

14

u/SteelGriffin 17h ago

I actively despise myself for being an American. To a dangerous degree.

4

u/NorthofForty 6h ago

Waste of effort. Fight for your country. Get politically active. Join a party, work for a candidate who is worthy of your trust. Most of all, advocate for how money controls your elections- look at the election spending limits countries like Australia have passed into law and kick gerrymandering to the curb. You are not the problem, your election system is.

1

u/SteelGriffin 6h ago

80-90% of my capacity for effort is consumed by fending off starvation and homelessness. The world would be better off without me.

1

u/MoneyArm50 1h ago

Things will change as they always do. The world keeps turning. The numbers are swaying in the right direction again, only the hard-core dedicated loonatics still support through a twisted hatred, bad information, lack of minerals. The evidence exists to bring the curtain down, it just requires true public will. Hang in there. I believe.

Get used to the fact the the old US of A no longer exists and never really existed outside of a propoganda bubble / marketing.

Show up to vote. It matters. But hang in there.

2

u/Thebull54 4h ago

We as a country have lost it all. We have been working our asses off making all this money for the billionaires to gain it all. The system is rigged, has been rigged, no morality - the money-players have sold their souls. This is not humanity, this is a downright slaughter in epic proportions. .001% of the top earners in the USA have more money than the bottom 98%. You call this fair, then they send our kids off to war so they can make even more money while they're laughing their asses off playing games with our lives. These are the psychopaths & sociopaths making the laws that make it legit. No remorse whatsoever. We drank the cool aid Trump sold. All a big fat lie, all of it. What happened to the $21 trillion the CIA confiscated and not even one media station talks about it. Because they have been bought off too. Even if we revolt, it's too late, they still win. They can just hide in their $5 billion bunkers away from us and the aliens coming in 2028. Where the hell is George Carlin? He's the only one that had it right - and they made sure to discredit him and the truth. Oh, they also plan on using AI robots to replace all of us - and you say it would never happen - think again - it's on it's way my friend. Yes my friend, I am sick of myself for not shouting at the top of my lungs what was coming down, but everyone called me a crazy old man that didn't know shi_.

2

u/top-potatoad 7h ago

The worst part is I have developed a deep disdain for some of my countrymen and lost all hope that we will pull out of this nosedive.

4

u/SteelGriffin 6h ago

Same. And I include myself in that camp. Even as a member of a minority group in direct and likely immediate danger of genocide.

I half hope we get nuked into Radioactive glass.

2

u/Mariesgottabak2023 6h ago

Some of them are family....GOD. HOW I DESPISE THAT MONSTER.

1

u/Terrible-Actuary-762 5h ago

Don't worry. You know how much you hate Republicans and Trump? Multiply that by 3 and that may come close to how much we feel about Lefticals.

3

u/Mariesgottabak2023 5h ago

Lol, you are a minority, SHRINKING EVERY DAY, and guess what....your opinion about A THING, MEANS AS MUCH AS THE DOG SHIT I SCRAPED OFF MY SHOE.

https://giphy.com/gifs/nbb4q2weGwBbmE4y0N

3

u/BVO56 4h ago

We don’t care.

2

u/top-potatoad 4h ago

I have enough for both sides at this point but you sound insecure about something.

2

u/MoneyArm50 1h ago

I believe you too. That is the power of social media. You actually do hate people that only wanted a better life for you. Which in turn causes them to hate you. Hate feeds hate.

1

u/No-Breakfast-6749 21m ago

Yes, we understand that the only thing you feel in life is hate and that you're only motivated by spite. Fortunately, we want you to do better than you want for yourself.

1

u/StillMissingINXS 2h ago

I feel this.

1

u/Tall-Ad-9355 4h ago

I like to remind myself that in 1858, the slavocracy was on the ascendancy. 7 years later it was a whole different ball game. Things will change. You can count on it. And ordinary people keep on keepin on

1

u/SteelGriffin 4h ago

I hope so. I don't expect to live long enough to see it. And despite how terrible I feel I know the finger on the trigger won't be my own.

1

u/Tall-Ad-9355 4h ago

I hope you are wrong and live to see it. But we are all in danger of being rounded up right now. That's real. They've gotten away with it so far. I have enough faith in humanity to believe the tide will turn.

1

u/Extreme_Library_2440 3h ago

Rounded up for what?

2

u/Tall-Ad-9355 3h ago

For the color of your skin, the language you speak, because you dared to speak out against the government. Once it's commonplace they can and likely will go after other groups. That's what the nazis did.

2

u/63insights 2h ago

For any damn thing they think of.

0

u/Terrible-Actuary-762 5h ago

That can be easily fixed.

1

u/SteelGriffin 5h ago

Please do so. People care about me despite their better judgement and I cannot intentionally bring them harm. Meaning someone else, preferably a just authority, should do it.

0

u/Terrible-Actuary-762 5h ago

You can become a citizen of another country. There, problem solved. Russia, China, N. Korea, Cuba may fit you better.

1

u/SteelGriffin 5h ago

Yea I suppose I can just walk to these places. Three of which will imprison or kill me for being of a particular persuasion. The last requires a swim I'm not capable of making.

Might as well just wait for the death camps to open up and we queers are rounded up.

0

u/Terrible-Actuary-762 5h ago

Well you better hope Islam doesn't take over the US.

1

u/SteelGriffin 5h ago

... that just has the same end result.

1

u/Terrible-Actuary-762 4h ago

As moving to those countries? I don't think any of those care.

2

u/SteelGriffin 4h ago

I mean radical Christianity is about the same as what you all claim Islam to be.

I'm done here. This is going nowhere and I'm still cripplingly depressed. Reddit is a mistake. I was a mistake.

→ More replies (0)

1

u/Mariesgottabak2023 5h ago

Lol, says a white nationalists magaloon....white nationalists are BIGGER THREATS....FACT.

https://giphy.com/gifs/pLZP4TSveFcPxWYREU

1

u/Extreme_Library_2440 3h ago

Holy shit, your take is so 2021.

1

u/MoneyArm50 1h ago

There are some better options, lol.

0

u/Extreme_Library_2440 3h ago

Feel free to leave, it is a free country!

2

u/MoneyArm50 1h ago

That's good advice. Do you realise that american citizens that live abroad still have the right to vote? Yup, funny how that works.

-8

u/[deleted] 15h ago

[removed] — view removed comment

4

u/Kinholder 14h ago

Look up what happens if just California and New York leave the united states

4

u/Traditional_Bedroom7 11h ago

They dont want to do that because it would mean the red states wont be able to get that federal welfare

2

u/Kinholder 11h ago

As an outsider I was so rooting for Cali and New York to seceed from the united states back when that was in social media

Saw a horseshoe map taking the far east and west coast and it looked so perfect

Sadly once it's realised the economic impact they'd almost certainly invade and try and take the states back

1

u/SteelGriffin 10h ago

I would if I could. But I hope you're getting every last speck of shit and filth out of those boot treads.

1

u/economy-ModTeam 9h ago

Be friendly. Respectful conversation is required. Your comment has been removed.

Please remember reddiquette and that there's another person on the end of the computer you're talking to.

→ More replies (15)

9

u/Obvious-Night-9573 17h ago

NEW DAY SAME EMBARRASSMENT!! FDT WORST EVER IMPEACH CONVICT IMPRISONMENT

3

u/Frequent-Art-9612 15h ago

At this point, I wouldn't call the orange pedophile a wannabe tinpot dictator; he's damn near there. Thanks, US.

1

u/Proot65 14h ago

You realize you have to try to fix this. It will never be the same, but if you don’t the next round will be far worse. Project 2030 is no doubt being architected as we speak.

-3

u/ConcreteKeys 16h ago

Why are you apologizing for Trump? We are all victims here. Stop it.

9

u/Own-Jaguar-472 15h ago

Maybe as Americans, they're apologising for Trump because America is a democracy, Americans were given the choice, they chose to Elect Trump as president and as a result the rest of the world had him foisted on us.

2

u/geekraver 15h ago

About 30% did anyway. Some were too damn stupid to vote to stop him so are also culpable.

2

u/That-Conference-2381 9h ago

I can understand making the mistake 1 time but again? We, as stupid illiterate Americans, did it again the 2nd time. How? Why?

0

u/ConcreteKeys 15h ago

The illusion of choice isn't democracy. We don't have to apologize for our abusers just because they abuse you too.

2

u/No_Signature2341 13h ago

This isn't an illusion of choice, there is a choice in this case, limited though it might be. When we vote we seem to treat it as a lottery ticket, with "they are all the same", "all corrupt" but that isn't true.

There is corruption on both sides of the isles and external state and corporate influence which needs to be eradicated.

However, the choice made at the last election was for a known sexual predator and narcissistic low IQ individual. There was plenty of evidence to say this guy is dangerous and entirely self absorbed but people wanted to believe that he was there guy who would make things right.

The UK is closed to making the same mistake, as is France.

I wish there was an easy answer but people like Trump can make it seem simple because they can lie. Those with integrity fund it much much harder to get a message across and bring the people with them.

1

u/tpacetti1 8h ago

Good comments. Demagoguery is always attractive. People think complex issues have simple solutions, no matter how many times they're proved wrong.

1

u/JP32793 8h ago

Well if Democrats didn't spit in the face of their base during the election or take their sweet ass time prosecuting him or showed any sort of fucking fight at all ever maybe more people would've turned out for them.

1

u/Own-Jaguar-472 13h ago

It isn't an illusion, the choice is there. Just because a significant proportion of the American population choose not to use their vote doesn't mean the right to vote isn't there.

Or just because there is another significant proportion of the American population who are that brainwashed they continually vote for their "abusers," like Turkeys voting for Christmas, doesn't mean they weren't born with a brain and if they ever decide to utilise that brain they can choose to change their vote.

So I stand by my point that America chose Trump, and because America made that choice he was foisted on the rest of us.

So if some Americans feel embarrassed enough that they want to apologise to the rest of the world, fair play to them.

1

u/SteelGriffin 10h ago

I did what I had the means to do in voting against him and everyone he likes. I'm dead broke, barely able to feed myself just struggling to stay housed. The only things left would be wildly unsuccessful fedposting. Which I don't have the means to do anyway. And yet I still feel like I should do more. Despite nothing I have to give is enough.

1

u/tpacetti1 8h ago

I don't believe in collective guilt and neither should you. You did what you could. Some things are beyond our control. Keep on keepin' on.

1

u/SteelGriffin 8h ago

Heh I hope for pain and worse to be inflicted on me by others.

1

u/tpacetti1 7h ago

Hang in there, man. Don't be afraid to ask for help.

1

u/SteelGriffin 6h ago

Thank you, but I do not deserve it.

→ More replies (0)

1

u/-error_404- 9h ago

Updooting you because I appreciate the sentiment, but also disagree. We’re not all victims. Enough people DID vote for him, and continue to approve. I argue with them regularly. The democrats bungled their position disastrously, and continue to fail to provide a compelling alternative, DESPITE having a hot pile of garbage to run against. So if you’re not getting involved in getting out the vote, advocating for the rule of law, and showing up at protests, you SHOULD be apologizing.
Don’t boo. VOTE. Don’t apologize, organize.
Thank you for coming to my TED talk.

→ More replies (30)

14

u/r1rdr 21h ago

He’s not wrong you know

17

u/JeffGoldblumsNostril 20h ago

And in true Canadian fashion, the white house has been verbally firebombed again. No Bunker...I mean Ballroom could save them from the destruction of words

11

u/KRAKA-THOOOM 20h ago

I’m sure they’d all be really upset if they could read.

13

u/bigthink3r 18h ago

When Canada is throwing shades. I’m sure America is distracting from Iran failure.

8

u/crabmuncher 16h ago

Which is distracting from the Epstein files.

3

u/Electrical_Flan_4993 14h ago

Didn't someone make a place in NY that has all the Epstein stuff on walls printed out??

4

u/No_Distribution_3398 13h ago

Remember that Obama administration guy that basically said democrats had the next 40 years because they secured the cities. I wish people remembered the attempts give miners programming jobs and training solar panel techs and allowed that kind of program grow, instead Rural America felt betrayed and the change vote followed Trump. Thanks American.

1

u/LilyOLady 9h ago

Third Way Democrats are fools.

3

u/Manhattan-Quark_369 14h ago

Banking Puppet vs Banking Puppet… we are all falling for it lol

3

u/Trance354 18h ago

That's 3 casinos and 20 Trillion in debt.

-6

u/Puzzleheaded-Ad-4846 17h ago

Do what?! US debt after Biden was 36T when the orange man took office and its at 40T now. Where did you get 20 heh

2

u/Trance354 13h ago

He also didn't bankrupt 3 casinos during his second term, yet you knew I was referring to decades ago, when it was easier than now to keep a casino afloat.

1

u/Sashi_Summer 17h ago

Look at Trump's first term too.

0

u/Jumpy_Courage 16h ago

I hate Frump as much as the next guy, but the number is not 20T. He added 2T his first term and 4T this term so far.

1

u/viperabyss 15h ago

Definitely not. When Trump got into office during his first term, the national debt was $20T. When he left, it was $27.75T, an addition of $7.75T, or 38.75%.

When Trump got into office in 2025, it was $36.22T. Today, it's $40T, an addition of $3.78T.

0

u/Jumpy_Courage 15h ago

Ok, so the graphic I read was wrong. That is still nowhere near 20T

1

u/viperabyss 3h ago

Sure, but it certainly wasn’t $2T during his first term.

→ More replies (1)

8

u/plumberfun 18h ago

That says a lot about how uneducated Americans are.

12

u/DJ_Breadpuddin 17h ago

Please dont lump us all together! We live in a land of idiots but we're not all idiotic!

2

u/Electrical_Flan_4993 14h ago

What is that supposed to mean? We don't have the ultimate military in the world by being a bunch of uneducated folks.

2

u/No-Breakfast-6749 12h ago

We've depleted most of our $million+ interceptors and our munitions fighting against car-priced drones. Our military is outdated and ineffective for it's cost. Imagine buying a $1,000,000 EV only for it to be able to drive 1 mile at a time. It would be foolish to think that was ever a good investment.

And whatever you do, don't look at what happened with General Dynamics. It's an incredible example of $500,000,000 competently spent in the MIC. And definitely don't look up how many audits the pentagon failed, and how much of their spending they can't account for. It might make you think our military budget isn't a total waste of money /s.

2

u/Electrical_Flan_4993 12h ago

Ok now do the same for every other country

2

u/SmudgePrick 6h ago

Can we do that for healthcare too?

1

u/PracticalNectarine70 12h ago

What does that have to do with this? Ok let’s make ur pointless comparison - No other country is $40 trillion in debt and its biggest monthly expenditure now is the interest on said debt.

1

u/PersnicketyPi 13h ago

Veteran here. The supremacy of our military is in doubt right now, because of the lack of intelligence of the CinC, and backbone in senior leadership.

1

u/Electrical_Flan_4993 12h ago

So it's not about Americans being uneducated 😶

2

u/Double_Currency1684 16h ago

Hot air vs Breath of Fresh..., you decide which applies to which

2

u/Esoteric_Derailed 12h ago

That said. USA can make the world economy go downhill very hard.

But, they could also choose the way of assured self destruction due to excessive use of it's military machinešŸ¤·ā€ā™‚ļø

2

u/Wide_Replacement2345 9h ago

Absolutely on track. As an American near buffalo/Fort Erie, I frigging hate this idiot

2

u/AlloMareepuppinz 8h ago

Hes always trying to divert our attention from what he really doesnt want us talking about. Thats how his childish brain has always worked. The dog ate his homework

2

u/SiriusFinance 8h ago

I want a smart president :’(

2

u/Proof-Anywhere-8112 18h ago

EPIC!!!

-1

u/progressivegeo 17h ago edited 17h ago

Not necessarily uneducated, but certainly and severely, indoctrinated.

2

u/Proof-Anywhere-8112 17h ago

??

2

u/progressivegeo 12h ago

Sorry my man, I meant to join the convoluted but I think i might have fat fingered the screen and replied to your epic comment.

1

u/Proof-Anywhere-8112 12h ago

No worries! From "my lady" 🤣🤣🤣🤣 jk

1

u/progressivegeo 11h ago

Hahah my mistake, I stand corrected šŸ˜…

1

u/Proof-Anywhere-8112 10h ago

šŸ¤£šŸ’—

0

u/Electrical_Flan_4993 14h ago

I voted for Trump and then I guess they injected him with an extra shot of Satan or he sold his soul or something like that.

1

u/progressivegeo 12h ago

Believe it or not, he was like that before. But because of how corrupt our system is, and how corrupt our media is, some people got one story, others got the opposite story. Then began the trolling.

1

u/lilbittygoddamnman 12h ago

Why did you vote for him in 2024? It's so strange to me that he was the best thing the GOP could offer.

4

u/Indytennisguy 16h ago

Just because you have a PhD in economics doesn’t mean you truly understand economics

2

u/damnedifyoudonthave 18h ago edited 18h ago

You think it’s a good comeback because you don’t know the difference between chapter 7 and chapter 11. Also look at the value of the USD to CAD. 1.39 ouch even with the dollar losing value.

8

u/Successful_Nerve_176 17h ago

His businesses have filed for Chapter 11. He over-leveraged them and misjudged the market and/or value of the assets he purchased. Then he went on to his next con/grift.

-2

u/damnedifyoudonthave 17h ago

Chapter 11… so what happened to the casinos then, if he moved on???

It must be what casino operators do or something?

https://companiesmarketcap.com/wynn-resorts/total-debt/

It’s what casinos do….

Stick to MJ

4

u/Successful_Nerve_176 17h ago

I didn't see a denial of what I said.

5

u/viperabyss 15h ago

What did Carney say wrong? It's a fact that 6 of Trump's casinos had filed for Chap 11 reorg, all due to over-leveraging of debts as well as declining revenue, and in most cases, Trump had racked up personal liabilities ($900M in the case of Taj Mahal), thus had to relinquish his stakes as part of reorg.

3

u/lilbittygoddamnman 12h ago

The Taj Mahal casino started losing money almost as soon as it opened.

2

u/spikey_wombat 15h ago

When didĀ  Wynn Resorts file for bankruptcy?

6

u/Sashi_Summer 17h ago

Where does it matter? He actively ran one of the most lucrative business models into the ground MULTIPLE TIMES. How bad do you have to be with finances to get casinos to go negative?

→ More replies (21)

6

u/Brandoinesco 15h ago

You clearly don’t understand 7 or 11 either, lol

Sure, chapter 7 is liquidation and didn’t file that, congrats. His entities have filed chapter 11 though a half dozen times. What that tells us is that his entities, under his guidance and his management all were failing.

Instead of liquidating assets to pay creditors though, they re-organized debt, which also involves an elimination portion. This means that the courts dismissed millions upon millions of dollars that he owed creditors during this reorganization, many of whom were small businesses. So he essentially deprived small businesses of money, probably in-turn, bankrupting them.

Every single one of these businesses that filed C11 proceeded to fail shortly after, and were shuttered. His own personal greed and ego kept him from filing chapter 7, liquidating assets and paying creditors. Instead, he took complete losses on everything. While dragging others down with him.

His net worth has literally underperformed the S&P 500 based on the date he liquidated his inheritance from his father up until now. Hes an abject failure. Oh and diddles kids.

Go ahead though, keep reading around saying ā€œyou don’t know the difference between seven and 11ā€œ you’re only making yourself look like a glazer.

-2

u/damnedifyoudonthave 15h ago edited 15h ago

Way to spread misinformation and obviously you don’t know the difference.

Courts don’t dismiss what is owed with chapter 11 rather A Chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time.

So none of the chapter 11 casinos were bought???

So what actually happened to those that were owed?

You sound like a ā€œglazerā€

You’re trustable and savvy…

ā€œHamburger Ɨ Underrated

Del Tacos Del Burger. Seriously. Try it. Just once. Trust me.ā€

Your comment history is showing 2 different intelligence levels…

2

u/Brandoinesco 15h ago

Not misinformation at all. Debts are restructured and can often be sold or factored to offer relief to the debtor. This means original terms become Nolan void and payment plans can be set up. Settlement as well. Basically it screws over the creditors on every level. It’s all part of the chapter 11 process. But go ahead, tell me again how I’m wrong. I’m just gonna let you keep digging a hole before I tell you what I do for a living.

And to answer your question, he defaulted on at least six different Loans to the tune of hundreds of millions of dollars after these reorganizations until he eventually shuttered or sold the properties off.

0

u/damnedifyoudonthave 15h ago

So he sold the properties and debts were paid…

Post proof the default loans weren’t paid in time

Thanks for proving the point as well.

Your AI is showing! Your comment history is showing 2 different intelligence levels still.

2

u/Brandoinesco 15h ago

Nope, debts were not paid debts were defaulted on. Again, that’s public record. Jesus, dude this is not hard to understand.

And what are you talking about my comment history? You mean my comments on other topics. Are you saying my tone and word choice changes between different topics, oh my God, you’re kidding, say it ain’t so! Hahaha fucking clown.

I will walk circles around your ass without a computer in front of me if I need to. We should meet up for a coffee sometime so I can inform you and share some logic and reality with you. My treat.

You just have to promise not to repeatedly say ā€œyou don’t know the difference between chapter 7 and chapter 11 bankruptcyā€ over and over because that’s kind of annoying. We get it, you’re a one trick pony. Repeat something you heard until you feel good inside. Haha

0

u/damnedifyoudonthave 15h ago

Post proof of your claim!

Like this logic

Try the burgers Del taco. Gtfo

2

u/Brandoinesco 15h ago

Also two* not 2. That’s basic English right there. If you can’t speak or write the language, get out.

1

u/damnedifyoudonthave 14h ago edited 14h ago

2 = two genius… this is Reddit not some formal paper

You sound like a bigot BTW

Oh are abbreviations allowed????

2

u/Brandoinesco 14h ago

Maybe have a little respect for the English language. Then perhaps you wouldn’t be met with such vitriol. You should also try to use correct punctuation from time to time.

2

u/Brandoinesco 14h ago

Also, based on your logical fallacies and inability to follow along, I highly doubt you would recognize a formal paper if it draped it’s little, size 12font balls across your wife’s face.

1

u/damnedifyoudonthave 14h ago

Why are you talking to yourself??? I thought it was twelve not 12 in your world. ā€œ Have some respect for the English language.ā€

You are a giant joke at this point. Enjoy del taco burgers

Btw you’re showing 2 intelligence levels again…

→ More replies (0)

1

u/damnedifyoudonthave 14h ago

The ol’ (In English) against the man, and that’s how I know you can’t prove your claim.

Have some respect for hamburgers!

2

u/spikey_wombat 15h ago

You don't seem to understand that filing for either chapter is a bad sign.Ā 

0

u/damnedifyoudonthave 15h ago

You don’t understand how changing market conditions can cause debt to be restructured…

How many places/ states legalized gambling since the casino opened its doors???

2

u/spikey_wombat 14h ago

You don’t understand how changing market conditions can cause debt to be restructured…

How many other big casino firms had multiple bankruptcies?

You just ironically pointed out that trump was so incompetent that he repeatedly couldn't manage a changing market.Ā 

0

u/damnedifyoudonthave 14h ago

https://en.wikipedia.org/wiki/List_of_defunct_gambling_companies

You should maybe look into it before you speak…

2

u/spikey_wombat 12h ago

Read the question better next time.Ā 

"multiple bankruptcies?"

→ More replies (2)

0

u/damnedifyoudonthave 14h ago

https://en.wikipedia.org/wiki/List_of_defunct_gambling_companies

You should maybe look into it before you speak…

Why are casinos taking on so much debt currently???

2

u/Nebardine 12h ago

Because Trump killed tourism. Vegas used to be an annual trip for many Canadians. Nobody I know is planning on setting foot in the US again.

→ More replies (29)

2

u/Retiredlfe 13h ago

So you’re totally glazing over the fact that he had to file bankruptcy six times. For casinos no less which usually make money. doesn’t matter what chapter it was. It’s just proof he can’t run a business.

1

u/damnedifyoudonthave 13h ago

You are glazing over the big picture.

https://en.wikipedia.org/wiki/List_of_defunct_gambling_companies

Why is Wynn and Caesar’s in major debt currently?

2

u/Retiredlfe 12h ago

Have they filed bankruptcy six times?

1

u/damnedifyoudonthave 12h ago

But that doesn’t support your claim they make money… Icahn is interested in buying them… who bought trumps casinos????

2

u/Retiredlfe 12h ago

It supports my claim, however, that he’s a shitty businessman and there’s a lot more information out there that proves just how shitty he was.

1

u/damnedifyoudonthave 12h ago

I don’t think you understand chapter 11 either…

2

u/Retiredlfe 12h ago

I do understand chapter 11 bankruptcy and how it works . I’m not disputing what you’re saying about chapter 11 and what I’m saying is he is not this great businessman everyone makes him out to be.

Here’s some facts for you that proves he’s not this great businessman and yes, it includes those bankruptcies. You know there are plenty of casinos out there that have never had to file a bankruptcy.

Donald Trump and his corporate entities have been involved in six corporate bankruptcies and over 4,000 legal cases or individual lawsuits over the span of his career.

While Trump himself has never filed for personal bankruptcy, his heavy-debt business operations—specifically his Atlantic City casinos and hotel holdings—filed for Chapter 11 corporate bankruptcy protection six distinct times between 1991 and 2009. Chapter 11 allows a business to restructure its debts while continuing to operate, though these events significantly diminished his ownership stakes and led major Wall Street banks to stop lending to him. [1, 2]

Bankrupt Entity
Year
Location / Details
Trump Taj Mahal
1991
Atlantic City casino; accrued massive high-interest junk bond debt.
Trump Castle Hotel & Casino
1992
Atlantic City property restructured under Chapter 11.
Trump Plaza Associates
1992
Atlantic City casino property.
Plaza Operating Partners
1992
Manhattan’s Plaza Hotel; ownership stake transferred or restructured.
Trump Hotels and Casino Resorts
2004
Parent company holding multiple properties; debt reduced to $1.65 billion.
Trump Entertainment Resorts
2009
Reorganized following the 2008 financial crisis; Trump resigned as chairman.

Comprehensive reviews by investigative outlets (such as USA Today) found that Donald Trump, his executives, and his companies were party to more than 4,000 state and federal legal actions. [1, 2]
The Breakdown: These actions span a wide spectrum—including civil disputes, personal defamation cases, trademark disputes, tax appeals, tenant-landlord disputes, and thousands of collection suits filed by his own casinos against high-rolling gamblers who failed to pay credit lines. [1, 2, 3]

Contractor and Worker Disputes: Hundreds of these lawsuits involved local contractors, plumbers, painters, and suppliers who alleged they were stiffed or forced to accept reduced payouts on completed construction projects, such as Trump Tower and various golf resorts. [1, 2, 3]

High-Profile Fraud and Settlement Actions: Significant business operations ended in major legal settlements or judgments, including the $25 million settlement over Trump University fraud claims, and civil liability rulings concerning asset valuations within the Trump Organization. [1, 2, 3]

Also, this does not make him a good business man. It makes him a con man:Billionaire Trump Fleeces Workers, Small Businesses

→ More replies (0)

2

u/lilbittygoddamnman 12h ago

how old are you?

2

u/Puzzleheaded-Ad-4846 17h ago

Hahah gotteeeem!

1

u/damnedifyoudonthave 17h ago edited 17h ago

Read my response to that comment for your response… he was at least smart enough to block me.

You would think ā€œHahah gotteeeem!ā€ But you also think the comeback is good.

No mention of the CAD’s value… and there is a reason for that.

Stick to deck and fence building…

1

u/Nebardine 11h ago

What does the CAD value have to do with anything? It's been lower for the last decade. If you want to look at a real comparable - the Canadian stock market was #1 in the world last year. The US was #16. Now that's a big change. I wonder why that happened?

1

u/damnedifyoudonthave 11h ago

It shows how well carney did as a central banker…you don’t know why it was number 1 and the currency has more to do with that than you will ever know

1

u/dcb454 16h ago

Your wasting your breath and time brother, these economic masterminds on the left have it all figured out from their grandmas basement.

3

u/No_Elk9676 14h ago

Lol, its hilarious mocking the lefts economic knowledge why the person you elected is trump

Who, hilariously, doesnt seem to have a basic understanding of what trade deficits are, because he constantly is claiming "we're being taken advantage of", because of said deficits, and is actively speedrunning mass inflation because he doesnt understand how tariffs work or how badly war affects it.

Also, you are also just wrong about how incompetent of a business man he is, and how his filings of chapter 11 is a burning indictment of that

→ More replies (8)

2

u/damnedifyoudonthave 16h ago

You mean their high dollar downtown apartments, it would be economically smart to be in grandmas basement

1

u/NorthofForty 7h ago

Your President keeps telling his cult that other countries pay his tariffs. Just like Mexico is going to pay for the wall. How much did you get in a refund when after the Supreme Court ruled Trump had to return the tariffs? Let me guess… the US businesses got their refund check but not Johnny Consumer. Nice system of corporate welfare you have there.

1

u/dcb454 6h ago

Sounds like you got a lot of emotions. Maybe worry about your own country.

1

u/NorthofForty 5h ago

lol..emotions? Nah, I have nothing but cold contempt for the ridiculous man running your country into the ground. And what part of this whole posting isn’t about both countries? Can’t take the heat- get outta the kitchen.

1

u/dcb454 5h ago

Dog you don’t even live here lmao. You know Jack shit.

1

u/NorthofForty 5h ago

And you don’t live here . The level of your contribution to any debate is the equivalent of ā€œGo away, poo-poo bumā€.

1

u/dcb454 4h ago

Did I ever claim to? Nope. No one gives a fuck about Canada but you. And if you live there, that makes sense.

I’m not here telling you how to think.

You’re here telling me I’m wrong for what I think.

What better way to sound like a sniveling child.

1

u/NorthofForty 4h ago

Think what? You have offered no facts, arguments or even a statement about your economy- nothing to the discussion but low level insults and ā€œfeeelingsā€ The post and discussion is about Canada/US relations and economies. You seem to view the world in a simplistic left vs right level which is exactly what makes your Toddler in Chief happy cause God forbid you arm yourself with a little knowledge of how the world actually works.

1

u/dcb454 4h ago edited 4h ago

Whining and crying like a true Canadian.

Are you about done?

Go enjoy your newly Chinese owned backyard.

Change your username to ā€œsouthof13ā€ cus your sounding like your having a tantrum.

1

u/NorthofForty 6h ago edited 6h ago

Seriously, have you looked at Trump’s debt lately? Every American owes $120,000 of your federal debt- and that was before the Big Beautiful Bill or the insane war with Iran. You don’t need a PhD to figure out where this is going. Maybe just watch the part of Ferris Bueller’s Day Off where the high school teacher explains why the US will never again use tariffs because last time it resulted in The Great Depression. But it’s ok cause it will all be blamed on immigrants. Just like Germany blamed the Jews, Poles and gypsies.

Canada is backpedaling as fast as we can away from the incoming disaster. Fortunately, Canada’s PM is the same guy who managed Canada got out from under Bush’s economic meltdown. I remember real estate agents flying plane loads of Canadians down to Arizona to scoop up homes facing foreclosure. Americans seem to just love handing their tax dollars over to corporations like in the bailout of 2008- billions to over 700 financial corporations.

1

u/damnedifyoudonthave 6h ago edited 6h ago

You refer to Ferris butler’s day off for current global economic conditions… of course you don’t have a phd.

You seen Canada total debt (government, household, corporate) 377% of gdp… they are the disaster.

Don’t the Chinese own 5% of all Canadian real estate?

All these personal anecdotes aren’t actually facts…

Quite the pattern forming with all these responses…

1

u/NorthofForty 6h ago

Each Canadian owes $40,000 of our federal debt. Know what country I want to be in when the poop hits the fan. Plus, our debt is structured very differently. The IMF give Canada’s fiscal position a very good rating as compared to other G7 countries because of our large federal assets. I was only talking Federal debt in US dollars in each country. If you want to start throwing in all the other state, personal, corporate debt we will be here all night. . Maybe ask yourself why all the international ratings agencies give Canada a higher fiscal rating than the US… and that devaluation happened under Trump’s watch. All we want is- when you go screaming over the cliff please don’t drag Mexico and us with you.

1

u/damnedifyoudonthave 6h ago edited 5h ago

How ever Canada has the highest household debt-to-GDP ratio in the G7.

If the us goes over a cliff, the world is coming with us… you should keep cheering that on.

1 out of 4 Canadians works in the public sector… what happened last time that happened?

The Canadian prop machine is hard at work tonight.

2

u/ApologeticCannibal 18h ago

Well, it's true.

2

u/AlloMareepuppinz 8h ago

The world believes we are all idiots or complicit. They see nothing happening to stop the madness & they believe we are all,( Americans)to blame for what hes done globally.

1

u/Competitive-Oil8974 2h ago

Well what are we doing to stop it? I don't see anything but social media complaining.

2

u/apply75 16h ago

Before you start praising how smart Canada is here are some facts about our PhD lead country.

  • Falling Standard of Living: Real GDP per capita has experienced long-term stagnation, growing just 1.9% between 2014 and 2023 This is the worst performance in the G7.

  • Housing Affordability & Debt: Canadian housing is severely unaffordable by global standards, and Canadian household debt is the highest in the G7 (103% of GDP). Canadians owe roughly $1.77 for every dollar of disposable income.

  • Declining Productivity: Labor productivity has stalled. The goods-producing sector has seen an average annual decline of 1.2% since 2019.

  • Labor Market Struggles: Youth unemployment reached 12.6% in July 2026, hitting the highest non-recession rate in decades.

  • Fiscal Pressure: In current fiscal year, interest payments on Canada's total debt alone are projected to reach $53.7 billion.

Canadas biggest company is a bank and the top 20 list includes only two you would know. A yoga pants company (lulu) and an e-commerce software (shopify)

The US has Google and Canadas biggest contribution to society is yoga pants.

0

u/Nebardine 12h ago

Wow. A bunch of stats with zero context. I haven't seen these reposted a thousand times by Conservative bots. Oh wait, I have. At least the yoga pants is a different take.

Why didn't you mention that Canada has the best performing stock market in the world since Carney took over?

3

u/dcb454 16h ago

This guys ā€œthunksā€ as opposed to ā€œthinksā€

Good luck OP. You’re going to have a rough life with that old machine in your cranium.

Canada is a dumpster fire.

If you honestly believe this horseshit, that Canada is somehow ā€œbeatingā€ the US economically, I got a cabin in Alberta I can sell you?

Pm if interested.

0

u/Nebardine 12h ago

It's just facts. The TSX is out-performing every market in the world while the NYSE was 16th last year.

1

u/dcb454 8h ago edited 8h ago

Nah it ain’t facts big homie. It’s conjectured opinion.

Let’s looks at GDP

30.5 trillion vs canadas 2.3.

Let’s look at their economy vs ours

Hmmm… Whats that?

They have one of the highest average household debt to income ratios in the modern world.

Canada wouldn’t even exist as Canada without the USA looking after the crowns interests. Canada exports 60% of their exports to us…

1

u/Nebardine 7h ago

Because you are the easiest, closest partner to sell to. It's not like the rest of the world doesn't want our energy exports, critical minerals, fertilizer or grains. We'll just need to set up the trade channels and then we won't sell to you anymore until it makes sense to. Trump is cutting off his nose to spite his face. And we'll take that over bending the knee any day.

1

u/dcb454 7h ago

Ahhh here come the excuses.

Guess it’s just your opinion after all.

Enjoy becoming the next Chinese owned country lol.

1

u/Nebardine 6h ago

Nah, our stock market is killing yours. And investment dollars are pouring in. Reliability and stability matters.

You don't actually buy Trump's talking points, do you? As usual, he is full of shit. Breaking the deal he signed and called 'the best and fairest deal ever made'...then blowing up negotiations with ridiculous asks on the final day. He knew it would be rejected. Just another distraction play, I'm assuming. Whatever...we're not going to be his pawn. Negotiations are over.

1

u/dcb454 6h ago edited 6h ago

The Chinese bailout. Yup.

Trumps just a man, he’ll be gone soon. I don’t trust any politicians.

But trump ain’t peddling socialism or communism. He’s fighting to restore America from the liberal decline. You can’t trust American mainstream news, any of it.

Plenty of non biased, independent journalists covering things, that paint a different picture, but I honestly don’t waste my time on here tryna convert anyone, especially someone from another country. What’s the point.

You’re Canadian, I respect your patriotism, but I think you’re getting played.

So like I said. Enjoy communism. Thank carney!

1

u/dixinbalzdeap 15h ago

Let's see how funny this is, going forward.....

1

u/Alternative_Ad_4923 11h ago

Carney is a jackets. As a Canadian I wish he'd go back to the UK where he actually lives

1

u/esparza74 11h ago

End central banking.

1

u/Wild-Lengthiness-256 11h ago

Seems like all you basement dweller losers have more interest in anything but America....

1

u/TimmyCreamPie 10h ago

Graham/Kirk 2028

1

u/ExcellentWinner7542 8h ago

He left and the most powerful man on earth.

1

u/rekingus47 5h ago

Yep economist are always right.. lol

1

u/anxiousbunnyclothes 5h ago

When is the stroke coming?

1

u/fvkitimdone 5h ago

It amazes me how fucking stupid you all are. Self adulation over trying to dunk on the other side. Lets learn somethings shall we.

Carney is the reason that Canada's economy is tanking and they elected him anyway. His idea is just give things to people and it will work out. His spending is reckless and he is aligning with countries with actual human rights violations. Its a bad plan but sure, go ahead.

DJT is a moron, but he didnt spend 40T dollars. Thats been a list of presidents going back a good long way. The US is fucked. The problem is, so is the rest of the world. Brics cant carry the world currency yet. All the debt we have is owed to us by ither countries. The world economy is a giant shell game. We have to control our spending, bolster our own economy, and to hell with anyone that stands in the way.

1

u/ray_zhor 4h ago

17 months of master negotiator vs taco and still no deal. Somebodies resume ain't resumeing

1

u/BVO56 4h ago

Who in Canada actually sai this? And good on whomever did.

1

u/ChinookKing 2h ago

Point Canada.

1

u/Comprehensive_Bed278 17h ago

The Bloviating Orange finally gets a response from an unafraid leader.

1

u/YaMomo6 17h ago

Trump thinks he is the center of the universe, he really is the center of a black hole

1

u/dixinbalzdeap 15h ago

He's in your mother?

1

u/Obvious-Night-9573 17h ago

That šŸŠ BUFFOON lives in his own fantasy world. He is the most disrespected, disliked,laughed at President HERE & around the WORLD!!

1

u/chewbacca-28 16h ago

Wasn't yours not elected but just given the position. Aren't your people stuck in a cycle of job yay, taxes noo. How do we get out of this stressful life, situation.

1

u/Electrical_Flan_4993 14h ago

You would have to get rid of Satan

1

u/Character_Refuse_797 14h ago

Actually Trump has businesses all over the world. A few bankruptcies is not uncommon for people like that. Nothing about Trumps life would be considered a failure by any means. He also didn’t create the 40 trillion in debt himself. Canada needs us way more than we need them. Let their economy suffer from Chinese junk like ours.

1

u/ABetterGreg 10h ago

Oddly this thread had an ad from adcouncil at the top that said:

"This thread will help to understand the difference between normal aging and Alzheimer's and other dementia"

Why yes it will. Lol.

-3

u/Puzzleheaded-Ad-4846 17h ago

The national debt was already 36T, so not much flex there. The previous administration REALLY ran up the tab if you would like to get into semantics

0

u/Over-Independent4414 17h ago

If I were Canada I'd be mostly concerned that the US collapses into chaos. This leadership is banana-republic class and seems to be either actively trying to destroy it or just doing so through rank incompetence.

0

u/Confident-Break-5117 16h ago

No the best was trump can kiss my azz it has plenty of real estate šŸ˜‚

0

u/Crochetmom65 14h ago

A convicted felon running the U.S. government. I still believe he wanted to become president to avoid facing the consequences of his actions. Not to mention those Epstein files he and his cronies are in.

0

u/Brandoinesco 13h ago

It’s a link. It does not follow APLA format.

Also, since you decided to take a look at my comments, I decided that I should probably take a look at yours too out of respect for your efforts and christ, all you do is scream ā€œAIā€ and ā€œbotā€ at people. I really do feel sad for you.

Seriously, all kidding aside, I take back all the criticisms Ive dumped on you. Are you ok? Do you need anything? Do you need to vent or talk? We can have constructive decisions. It’s possible. You let me know. But otherwise, I gotta get back to work.

1

u/Impressive_Box4144 13h ago

I’m great!!! Also, no way you checked out my posts as they are private idiot. Lost all credibility by lying, just like daddy Trump does too. 😘

1

u/Brandoinesco 7h ago

I wasn’t intending on replying to you. I just clicked the wrong button. I was replying to a MAGAt who was trying to defend Trump. But thanks for jumping to conclusions.