How Donald Trump became Deutsche Bank's biggest headache
There's not too much I can add to this article, but it does confirm my thesis that:
- Donald Trump is deeply in debt
- His creditors (Citigroup, Deutsche Bank, ???) are afraid he will default on his debts
- They have kept him afloat, and supported him including in his bid for the presidency, primarily so he will make good on his debts.
Some of the profit is indirect. Trump may never actually pay back his debts directly (this article discusses how Trump not only refused to pay the $330m he owed to Deutsche Bank, but counter-sued them for their role in the financial collapse), but the deals he might ink with Russia could be worth even more than what he owes.
This is an extremely dangerous game being played out.
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