Deutsche Bank Bombshell! Donald Trump Is Broke!
Deutsche Bank Bombshell! President Donald Trump Is Broke Again And Can’t Pay His Debts!
It’s another Deutsche Bank bombshell about President Trump. The German bank announced Trump’s company, the Trump Organization can’t make their April debt payments. Thus, the company has asked Deutsche Bank for delayed loan payments.
It seems as if Donald Trump is underwater. The what revenue he is generating from his properties is just barely covers the interest payments on his massive debts.
It appears the Trump Organization has been surviving month to month and eek to week. This would indicate Trump’s finances aren’t as robust as he likes to brag. It also indicates his debts are far larger than the total value of his assets. This would give him a substantial negative net worth.
Six of Donald Trump’s seven highest revenue-generating properties are currently shut down due to the COVID-19 crisis.
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