Donald Trump Finally Forced To Admit He’s Broke And Can’t Pay His $464 Million Bond

Once Trump just barely pulled together the smaller bond, there was this notion of “oh no he has a magic wand, he’ll just magic wand the larger bond too.” But back in the real world, a bond that’s five times as large is (at least) five times harder to pull off.

And really, there’s no worse time to try to get your hands on half a billion in cash than when you’ve just gone into debt for $91 million. Try getting a home loan after you just finished maxing out your credit cards. It makes you a particularly bad bet.

Is there still an outside chance that Trump will scrape together the larger bond? Sure. But look at his approach. With the Carroll bond he asked for 3 more days. He was onto a possible solution and wanted time to pursue it. In the New York verdict he’s just admitting he can’t pay it. Trump is broke, and that’s that.

Author Bill Palmer

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Sylvia Klimaki

Focusing on climate, social impact, entrepreneurship. Have conducted over 380 interviews to date for print, online and broadcast media. She is based in London, United Kingdom.

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