ZMonster@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 1 year agoELI5: How does Trump benefit from overvaluating his assets?youtu.beexternal-linkmessage-square10fedilinkarrow-up178arrow-down112file-text
arrow-up166arrow-down1external-linkELI5: How does Trump benefit from overvaluating his assets?youtu.beZMonster@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 1 year agomessage-square10fedilinkfile-text
minus-squareperviouslyiner@lemm.eelinkfedilinkEnglisharrow-up26·1 year agoEven if you repay the loans later, you exposed them to more risk than they agreed to take.
minus-squarenogooduser@lemmy.worldlinkfedilinkEnglisharrow-up8·1 year agoAnd they probably gave him a lower interest rate due to the perceived lower risk.
Even if you repay the loans later, you exposed them to more risk than they agreed to take.
And they probably gave him a lower interest rate due to the perceived lower risk.