Trump is in debt to China, BIGLY.

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mhbruin
Executive Member

Posts: 11,028

Trump is in debt to China, BIGLY. Apr 24, 2020 14:19:14 GMT -8

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Post by mhbruin on Apr 24, 2020 14:19:14 GMT -8

"In 2012, his real estate partner refinanced one of Trump’s most prized New York buildings for almost $1 billion. The debt includes $211 million from the state-owned Bank of China — its first loan of this kind in the U.S. — which matures in the middle of what could be Trump’s second term," writes Politico.

Trump has a 30% stake in that building, a 43-story skyscraper on the Avenue of the Americas.

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grant73
Resident Member

Posts: 324

Trump is in debt to China, BIGLY. Apr 24, 2020 16:52:43 GMT -8

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Post by grant73 on Apr 24, 2020 16:52:43 GMT -8

Kinda bigger bucks than Jr. Biden's annual stipend as one of the Directors on the board of that Iranian utility? The China loan looks bigger when written $211,000,000.00 doesn't it. I bet Joe Biden makes no conference call to Xi for an investigation!