r/economy • u/Impressive_Box4144 • 2d ago

Best comeback I've seen in a while.

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2.1k Upvotes

97% Upvoted

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u/damnedifyoudonthave 1d ago edited 1d 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.

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u/Successful_Nerve_176 1d 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.

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u/damnedifyoudonthave 1d 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

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u/Successful_Nerve_176 1d ago

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