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At 1:45 am local time on the 4th, Trump sent two tweets in a row. “A statement will be issued tonight, a major victory!” “We have a great advantage, but they are trying to steal the election, and we will not let them succeed. After the polling station is closed, you can no longer vote!”
Ten minutes later, Biden’s Twitter updated again: Keep the faith, folks. We will win!
When the two sides believed that he would win the election, Trump declared himself a victory. In his speech at the White House, he declared that he had won the election. In addition, according to the “Capitol Hill” report, while Trump “declared victory”, he also called the election a scam and would appeal to the Supreme Court. He said, “This embarrassed our country. We are preparing to win this election. Frankly speaking, we did win this election.”
As of 15:00 on November 4th, Beijing time, the difference in votes between Biden and Trump is small, and neither party has an absolute advantage. Looking at the 2016 general election, the pattern has become clear after one o’clock in the afternoon. This year’s U.S. election is a protracted battle, but Trump has several swing states in his hands, and because of the popular Florida, Trump has obvious advantages.
What does it mean to be president for the once businessman Trump? If re-elected again, what impact will it bring?
It is understood that in the first half of this year, the “Forbes” survey estimated that his net worth was approximately US$2.1 billion. Previously, the number estimated by “Forbes” in March 2016 was US$4.5 billion. Assets halved in the first four years? This is really the highest state of revolution to revolutionize oneself.
Referring to the retirement life of former presidents such as Clinton and Obama, Trump’s retirement may be good news for his assets. Where do Trump’s assets mainly come from? Why is the value half discounted? Why do successive U.S. presidents increase their worth after retirement?
1. The wealth password of businessman Trump
There are three “zero-wage presidents” in American history. It means donating all the president’s salary. After Hoover and Kennedy, Trump is third.
Why, because there is no shortage of money. Before becoming president, Trump had multiple identities, including Internet celebrities, variety show artists, businessmen, rich second generations, and the first generation of American business traffic stars. Among these identities, two of Trump’s wealth codes are hidden.
First of all, the rich second generation.
After establishing a business empire and winning the presidency, Trump has always declared that he is a self-made billionaire, but these are completely different from what the media has investigated.
Trump’s father, Fred Trump, started his business on real estate and was in the top 400 of the richest Americans in 1982.
According to “Business Insider” (Business Insider), by chance, Dad Chuan discovered a government project that provided funding For private builders to build houses for low- and middle-income people. Dad Chuan got a loan and started from real estate, becoming one of the largest landlords in other areas of New York (outside Manhattan).
As an adult, Trump worked in his father’s real estate company, buying and buying hotels, and buying and buying houses, but he also started other businesses, such as casinos. The most famous of Trump’s successive closures is the Trump Taj Mahal in Atlantic City.
Can a casino go bankrupt? Yes, The Trump Taj Mahal is as big as two football fields. The chandelier alone cost 14 million U.S. dollars, and the entire casino invested up to 1 billion U.S. dollars. And the funds for these investments come from junk bonds.
Outside the casino, Trump Air Express
On March 5, 2018, Trump International Hotel Panama officially demolished the title of “Trump”
At the beginning of 2018, in order to resist the negative effects of Trump’s naming, three luxury hotels in New York, Rio de Janeiro, Brazil, Toronto, Canada, and three apartment buildings in New York, the United States, have removed Trump’s name from their signs Removed.
Come again, it’s an OEM business.
2016, The famous American lifestyle magazine “Vanity Fair” (Vanity Fair), named the steakhouse in Trump Tower in Manhattan as “the worst in America One of the “restaurants”, the subtitle reads “It also reveals the true face of our next president”.
The “Vanity Fair” reporter wrote in that article: “This restaurant has the same temperament as Trump, with a strong nouveau riche. Earlier, a famous chef dug out a roast pig skull. Please give me a taste of the eyeball. Looking back, that eyeball is better than Trump’s grilled (Grille’s) gold label burger.”
The Trump steak and Trump barbecue here are all OEM.
In terms of OEM, Trump has used his name to the extreme: Trump steak, Trump water, Trump vodka, Trump menswear, Trump perfume, Trump travel website, Trump University, Trump magazine , Trump Loan Company, Trump Games, Trump Store, Trump Barbecue, Trump Coffee.
Is this path familiar? It does not produce goods, but only serves as a porter for hang tags.
“Most of Trump’s OEM business ended in failure.” From New York, USA, the self-media “I am Jerry Guo”, also a fellow Trump, once mentioned in a related video To this phenomenon.
Third, improve the brand power of the main business.
Of course, the main source of Trump’s income is real estate.
In 2017, a report disclosed by the U.S. Federal Government’s Office of Ethics showed that: In the Trump business empire, the most profitable is Trump’s Doral National Resort in Miami. The hotel has brought about 116 million US dollars in revenue for Trump in the past 15 and a half months. The second is the Sea Lake Estate in Palm Beach, Florida, with an income of $37.2 million.
The report also shows that Trump owed at least 16 major creditors a total of up to 315 million US dollars in debt. One of his major creditors is Deutsche Bank American Trust Company, which he owes at least US$130 million.
According to the “Washington Post” report, with Trump’s oath of office, the membership system of Sea Lake Manor’s membership fees immediately “increased.”Ship height”, the membership fee doubled over the same period last year, reaching US$200,000. The total income of Sea Lake Manor this year has also increased by US$7 million over the same period last year.
Haihu Manor
Since taking office, Trump has frequently visited the golf courses and Sea Lake Manor under his umbrella, which has increased his popularity and gained popularity. He even arranged many meetings with foreign heads of state in Sea Lake Manor.
The OEM and naming of these businesses actually earn channel fees. Trump is not responsible for their profits. But after the epidemic, Trump’s own business has also been hit.
Under the epidemic, the physical retail industry in the United States is not doing well. Companies such as Macy’s have also begun to lay off employees. Trump’s assets happen to have many commercial real estate. It is understood that the volume of commercial real estate transactions in New York plummeted by more than 50%, and the decline in New York housing prices alone cost Trump US$400 million. In addition, businesses such as hotels, golf courses, and Sea Lake Manor have been directly affected by the epidemic.
Foreign media reported that Trump’s hotels have laid off nearly thousands of employees, and the Trump National Golf Club has also laid off 102 employees, shrinking by nearly $1 billion.
3. Retired presidents get rich.
For previous presidents, retirement may be the beginning of wealth growth.
At the end of 2017, Obama visited China to attend the Global SME Summit. According to Observer.com, Obama delivered a keynote speech to more than 2,500 Chinese entrepreneurs at the summit, and there was a photo session after the meeting. Former German President Woolf was also one of the guests.
After that, the XX brand founders were exposed to Obama’sDollar. When Trump’s “The Art of Trading” appeared in bookstores in 1987, Trump was in deep financial crisis.
The other is the Kissinger mode. This is the use of personal connections and a deep understanding of the world’s political, economic, culture and policies to provide information consultation for enterprises.
At present, the first of these two models is Trump.
For example, after Trump hosted “The Apprentice”, he immediately launched the new book “Trump: How to Get Rich”. The publisher has advanced US$5 million in advance for this, and the title of the first chapter in the book is “Writing a Book with a Deposit of US$5 Million”. The autobiography “The Art of Doing Business” sold more than 3 million copies and was named the best-selling book by the “New York Times”, and maintained its position as the champion for 32 consecutive weeks.
In addition to books written by Trump such as “Trump Autobiography: From Businessman to Candidate for President”, “Never Give Up-Trump’s Self-Report”, “Rich Dad Turns Stones into Gold” and other books written by Trump, “United States It’s Worth We Have,” “Trump: How to Get Rich”, “Make You Big Money”, “Trump’s Business Principles for the American Business Giant”, “Learning from Billionaires” and other books have been published in the United States for a long time.
Four. Not yet finished
Why keep saying if? Obviously judging from the votes, Trump’s victory is in sight.
On the evening of November 3, Beijing time, station B officially posted a topic-what works will make you have the “end emptiness” syndrome? The message of “U.S. Election” ranked first.
Don’t worry, everyone, the results announced today are just the beginning.
November 3, local time is “Voting Day for the US Presidential Election”. The election is not the president, but the electoral college of each state. When the Electoral College is formed, they have to go to a meeting in Washington and cast another electoral vote.
The result of the vote of this elector will be confirmed by the new elected senator. This result will finally confirm the president, that is, until January 20, 2021, the final confirmation of who the new president is. On the second day, January 21, the president was sworn in. From the deadline of voting to final confirmation, there are more than 70 days of updates.
Then why in the past elections, we didn’t care about thisMore than 70 days to stay on a regular basis?
Shen Yi, a professor in the International Politics Department of the School of International Relations and Public Affairs of Fudan University, analyzed this issue in his speech.
He believes: What are these 70 days most of the time? It is of a etiquette and performance nature, and no one will be more serious. Because the result has already come out, and this result is approved by both parties. But this time, every link in the 70 days may have to rise to the height of the law to meet the requirements of procedural justice, and the two sides will tear each other.
One of the focal points of tearing is mailing ballots.
After the votes are cast on November 3, we will gradually count the votes of the mailed votes. As the counting time becomes longer and longer, the more complete the statistics of the mailed votes, the “blue shift” phenomenon is most likely to occur. If it happens, Trump may continue his usual style.
According to a Reuters report, 60 million voters used mail to vote this year due to the epidemic, a record high since 1908, which will delay the counting of votes by days or even weeks. Previously, Trump has repeatedly stated that if the mailing of votes causes a delay in the counting of votes, he will not fulfill his obligation to recognize the results of the election. All these seem to have laid the groundwork for the chaotic situation in the US general election.
If the election is stalemate, or the gap is small, how will Trump choose?
On the eve of the bankruptcy of the Trump Taj Mahal in Atlantic City, many analysts worry that Trump has assumed too much junk bond debt for the construction of the Trump Taj Mahal.
Later, when a CNN reporter tried to discuss with him the question of “whether the Trump Taj Mahal is profitable”, Trump took off his chest Mai and placed it on the table in front of him, saying To: “Seriously, you should interview others, you don’t need this. Change to a personal interview and be happy. Because frankly speaking, you are too negative.”
Tony Schwartz, the co-author of “The Art of Dealing,” said in an interview: “I don’t think Trump is worried about debt at all. If he allows doubts in his life, then his The whole world collapsed.“
“He doesn’t like to hear bad news. Optimists are sometimes so optimistic that they don’t want to hear any bad news. Even if they are about to fall into a cliff, they don’t want to hear bad news.” “If You are an expert, and you agree with Trump’s view, you are a genius. If you disagree with Trump’s opinion, then yougMIsyfTp57R_S8-0PD7Pfvnbr “data-url =” https://findermp.video.qq.com/251/20350/stodownload?encfilekey=RBfjicXSHKCOONJnTbRmmlD8cOQPXE48ibbrEtIZaZqVyhnfV2U2HnibE8hbpBNwtg93FokQoRB8Ew8rYk4XAL57jmaSoPzmC5POqO07A2hFOL9Toap8Knbn8PTpmpMTYXnib6ibLHk0XH2aFsMgGicRZwePiaQFpiafkBls&bizid=1023&dotrans=0&hy=SH&idx=1&m=62d6f7abf4226ec195a9355d573a0d33&token=cztXnd9GyrFAja2VYvGJOmUlbJlgyjJUy6zvKsImd3WJ1VUrHPeqwSibllPCpFANF “data-headimgurl =” http: //wx.qlogo.cn/finderhead/zYoaX5NJNdoWPibfkPYF0b4oIOLK8u6IFVGdlUQNr5GQ/0″ data-username=”v2_060000231003b20faec8c7e28c18c2d4c901eb30b077d7ffinder2d4c901eb30b077d7f81523c2c3a1f6de Wang Yangming encountered a catastrophe. In Chinese history, there are many examples of eunuchs causing disasters. Among them, the most violent dynasties were the Eastern Han, Tang and Ming dynasties. After Wu Zong, the eleventh emperor of the Ming Dynasty, came to the throne, a great eunuch Liu Jin appeared. He was Wu Zong’s childhood playmate. Later, he assembled seven other eunuchs and formed the “Eight Tigers” to manipulate the court and do whatever he wanted. In the letter to Jiu Qing, the eunuch Wang Yue, the Seri eunuch, was unwilling to go with the eight tigers. They all asked the emperor to kill the eight tigers, but Liu Jin played with his wrists and instead ordered Wu Zong to cut off Wang Yue and many loyal and righteous officials, and Liu Jin was promoted to the forbidden army. Governor. Liu Jin was even more unscrupulous. Nanjing Kedao Daixian was sent to jail for impeaching Liu Jin. Wang Yangming’s righteous indignation was overwhelming, and he wrote to the emperor to try to rescue Dai Xian and others. Liu Jin was furious. He drafted the imperial decree. He also condemned Wang Yangming for forty and put him in prison.” data-nonceid=”7307416872241949544″ data-type=”video”>
This article is from WeChat official account:Box Lunch Finance (ID: daxiongfan) author: Yao Yun