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Explain Like I'm Five@lemmy.worldEnglish · 1 year ago

ELI5: How does Trump benefit from overvaluating his assets?

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ELI5: How does Trump benefit from overvaluating his assets?

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Explain Like I'm Five@lemmy.worldEnglish · 1 year ago

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I’ve been trying to keep up with it but I just don’t understand how he profits from this scheme?

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nogooduser@lemmy.world
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1 year ago
And they probably gave him a lower interest rate due to the perceived lower risk.

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