Originally Posted by
SrslySirius
So about $10 million in the 70s that we know of? That's about $45 million adjusted for inflation. Not what I would call a "small loan", but still pretty impressive to run that up into 10 figures.
Exactly.
I never understood this criticism of Trump.
I can understand the criticism of the lack of ethics of some of his business practices, but not that he was a "failure".
It's not like he inherited a billion and is now worth 200 million, and yet is claiming success.
He definitely ran up a large amount of money into a huge amount of money. Props to him there, and props to him for using his outsized personality to create a brand which became recognizable and synonymous with success. Those are all real skills, whether his detractors want to admit it or not.
Speaking of poor business skills, LOL at Twitter being afraid to capitalize on Trump's usage of their platform. Even without supporting or endorsing him, they could have promoted the hell out of this by repeatedly reminding everyone to sign up for Twitter in order to get an instant connection to this President and his communications to the American people.
While Trump's usage of Twitter is no secret, there are plenty of less-tech-savvy Americans out there who don't realize that by creating a Twitter account and subscribing to him, they can see all of his commentary instantly, before news outlets report it.
Instead, Twitter will continue with the status quo, and continue to lose money.
Their decisions really leave me scratching my head sometimes.
Reminds me of their cyberbullying/trolling issue. Twitter is pretty much a free-for-all and they censor almost nothing. This has actually hindered them from success, by their own admission. However, instead of changing how they handle abuse of their terms of service, they do absolutely nothing, aside from occasionally banning a celebrity like Milo in some weird phony display that they're handling the problem.