• IHawkMike@lemmy.world
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      11 months ago

      If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.

      – J. Paul Getty

    • metaStatic@kbin.social
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      11 months ago

      If you owe the bank a thousand dollars you have a problem. If you owe the bank a billion dollars the bank has a problem.

  • Pumpkin Escobar@lemmy.world
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    11 months ago

    He’s told his followers that “cash is trash” and that he doesn’t trust the U.S. dollar, calling it “fake.” Instead, he’s recommended investing in assets like precious metals, bitcoin or Wagyu cattle

    Hah

    Maybe he’s just doing research for his hit sequel: “Rich dad, 1 billion dollar in debt dad”

  • bedrooms@kbin.social
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    11 months ago

    Kiyosaki has continued to espouse those financial views (and has explored extreme political perspectives, including adopting right-wing-media talking points in his call for the impeachment of President Joe Biden).

    Not all morons support the baseless impeachment, but rich people who support the baseless impeachment are all morons.

    • jonne@infosec.pub
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      11 months ago

      And they never want to impeach him for the right reasons, like going around Congress to send weapons to an ally committing a genocide.

        • KinglyWeevil@lemmy.dbzer0.com
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          10 months ago

          Look, Solomon’s temple ain’t gunna rebuild itself on the temple mount so we gotta support Israeli genocide until that happens, otherwise Jesus won’t return.

          Don’t worry though, when he does, he’ll assuredly take all the good christians to heaven AND exterminate those non-believing Jews so the problem will sorta solve itself. Means to and end and all that.

      • EatATaco@lemm.ee
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        10 months ago

        Yeah, still not even remotely impeachable, and would be an incredibly bad reason too. They could, you know, just use their powers to pass a law and stop him.

  • BetaSalmon@lemmy.world
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    10 months ago

    Every clip I ever seen about him just made me think he’s a fraud who’s good at talking. He’ll say things in a certain way to make it sound interesting, but really he doesn’t know what he’s talking about.

  • reddig33@lemmy.world
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    11 months ago

    I wonder if he has assets the bank could seize? If they gave him loans without collateral, then they are idiots.

    • FuglyDuck@lemmy.world
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      11 months ago

      banks don’t offer a billion in loans without collateral.

      even with the NY trump fraud case… the core of the problem is that his collateral was over valued and inflated. there are definitely assets the bank will be seizing. they may or may not be way over inflated because this dude is a grifter, but details.