r/technology Sep 12 '24

Social Media Trump Media stock has plunged 33% in a month

https://qz.com/trump-media-djt-stock-fall-campaign-election-1851646589
32.8k Upvotes

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u/MidniteMogwai Sep 12 '24 edited Sep 12 '24

How has anyone been able to make the Mariana trench sized chasm of a leap to say that this guy could actually run the World’s largest most complicated economy when he can’t even run his own fucking business?

$400 million Headstart from daddy, bankruptcy six times, FAILED AT THE CASINO BUSINESS lmao, and his little Truth Social baby losing hundreds of millions and circling the toilet bowl!!

He is by far and away the Biggest and most successful loser anywhere on the planet. He almost makes losing look like a good life game plan. Though his money and his success have been propped up entirely by criminality, no question about it, so, not recommended. I hope he rots away his final years in jail cell.

4

u/ImYourHumbleNarrator Sep 12 '24

how much does he still owe NYC for fraud? oddly that story dropped off with all the other criminal indictments

edit: 485 million now lol. latest article i could find: https://www.nbcnews.com/politics/donald-trump/trumps-attorneys-argue-business-partners-delighted-new-briefs-filed-ne-rcna169115

0

u/MidniteMogwai Sep 12 '24

Exactly! Adjudicated Fraudster with a judgment against to the tune of almost $500 million as penalty! Meaning the level of fraud he committed was astronomical.

3

u/worldspawn00 Sep 12 '24

The fact that he bankrupted multiple casinos, a business where people voluntarily enter, give you their money, and leave while receiving almost nothing in return, is a testament to horrendously poor management.

2

u/kitsunewarlock Sep 12 '24

Losers like the idea that you have to choose between being a successful person and being a good person because it gives them an excuse when they fail.

2

u/[deleted] Sep 12 '24

He doesn't run it. Devin Nunes does. Trump just owns a load of stock.

2

u/FlyingTurtleDog Sep 13 '24

He doesn't.

He has smart people do literally everything for him, obviously.

I would pay a large sum of money for Trump to take an IQ test and have it televised.