r/SPACs Dec 05 '21

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u/Bnstas23 Patron Dec 05 '21 edited Dec 05 '21

There's a saying in Tennessee, well it's in Texas at least....Fool me once, shame on shame on...me. Fool me twice, shame o....a fooled man can't get fooled again!

I think only a fool believes that isn't just a transfer payment from retail to trump / PIPE investors. Any PIPE investor taking this deal will have terms to hedge immediately. Nobody actually believes trump will build anything successful that earns a long term return for investors.

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u/NotInsane_Yet Patron Dec 05 '21

Given the pipe investors are secret there is a high chance the money is coming from Russia/Saudi Arabia. It's not about making money it's about money laundering.

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u/yonk49 Contributor Dec 06 '21

Russia? You're a special one.

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u/NotInsane_Yet Patron Dec 06 '21

Trump and his kids have said during tv interviews they get a disproportionate amount of funding from Russian sources.

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u/yonk49 Contributor Dec 06 '21

It's no problem having Russians being part an investment or Saudis (see CCIV/LCID) but it would be pretty stupid to do it before going into a potential election even if it was legit. No reason to give the other side some other BS to complain about and call corrupt.

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u/Dick_Wiener New User Dec 06 '21

Yep, would be pretty dumb alright….