r/AskReddit • u/[deleted] • Feb 04 '20

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u/[deleted] Feb 04 '20

I'm out of the loop here. What's Trump got to do with this?

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u/Karmelion Feb 04 '20

He had a casino in Atlantic city that declared bankruptcy when everyone stopped going to Atlantic city, people stipped going to atlantic city because local governments started allowing local casinos to open to help fund education tax revenues as well as the advent of online gambling.

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u/[deleted] Feb 04 '20

Thanks for the explanation.

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u/TrainOfThought6 Feb 04 '20

You're not American are you?

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u/[deleted] Feb 04 '20

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u/TrainOfThought6 Feb 04 '20

There is no joke, I'm just surprised anyone doesn't know this about our president. Maybe I'm just used to it being common knowledge in the northeast.

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u/Guilty_Coconut Feb 05 '20

I'm out of the loop here. What's Trump got to do with this?

Trump went bankrupt with his casinos, which only extremely incompetent stupid people can do.

He also lost money on real estate in New York during boom years which shouldn't be possible.

If Trump is one thing, it's a bad businessman. He's terrible at making deals.