22 November 2017

Unmasked

Last week, The Independent ran a short article (link here) about how Crain's New York Business, a leading trade reporting publication, had downgraded the value of Donald Trump's business by 90 percent.

That was because Trump's company claimed last year it had $9.5 billion in revenues. However, recent public filings made by Trump's own company revealed the actual revenue was less than one-tenth of their claim, or about $600 million to $700 million before expenses.

Hence, Crain's is now correctly reporting Trump's business is worth less than one tenth of what Trump was saying. This has caused Trump's business to be knocked far down in rankings; it was previously at the number three spot but is now way down at number forty.

This is so typical of Trump's style of dissembling and gross exaggeration. He can't achieve something legitimately, so he lies to make it look like he did.

1 comment:

  1. Anonymous04:20

    Fanfarron. Amigo venezolano,Cucuta

    ReplyDelete

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