this post was submitted on 22 Mar 2024
419 points (96.7% liked)

politics

19102 readers
3123 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] yarr@feddit.nl 33 points 8 months ago (3 children)

In an unexpected turn of events, President Donald J. Trump has compared his financial situation with that of famed physicist Erwin Schrödinger's iconic thought experiment, Schrödinger's Cat. The comparison sheds light on a peculiar aspect of Trump's personal wealth: sometimes it exists, and other times it doesn't – all depending on what serves his best interests at the time.

Trump's recent explanation revolves around the concept of superposition, which postulates that two mutually exclusive situations can coexist simultaneously until they are observed or measured. In this analogy, Trump's wallet is both filled with $500 million in cold hard cash and completely empty. It only becomes one or the other when necessary.

"People don’t understand the complexity of my financial situation," said President Trump during the interview. "The world sees me as a multi-billionaire, and while that may be true, there's more to it than meets the eye." He then went on to explain how this complex financial state applies to his recent legal troubles.

As a vivid example, Trump mentioned a fine imposed on him by a New York State judge for failing to comply with the terms of a 2013 settlement regarding his now-defunct Trump University. Despite claiming to have half a billion dollars readily available, Trump argues that this fortune mysteriously evaporates whenever it comes time to pay off his debts.

This intriguing theory has left many scratching their heads. However, some experts believe that Trump's wealth is indeed entangled with his fines; they exist together in an unstable state, where paying his dues would inevitably collapse the system and reveal the true nature of his bank account.

[–] Mirshe@lemmy.world 5 points 8 months ago (1 children)

I'm pretty sure it's just "I have $500mil, but it's also similarly promised to 43 other entities around the planet for loans/fines/operating expenses". Trump has made an art form out of ignoring anything that he has to actually pay out, why would bonds be any different for him?

[–] Serinus@lemmy.world 3 points 8 months ago

Well, he's about to find out exactly why bonds are different.

[–] darki@lemmy.world 4 points 8 months ago
[–] Humana@lemmy.world 1 points 8 months ago

Just like his income and assests, when filling out bank loan applications they are huge. When paying taxes they don't exist!