What's the difference between Donald Trump and you declaring bankruptcy?
The Donald is restructuring his debt to protect his investors and a high percentage of that debt is considered to be "good debt." You, poor schmuck that you are, are just a loser and a stupid welcher on your obligations who was trying to cheat the banks.
Yup. That is about it. Now drive a stake into that vampire.
3. Yep...and people would still be eager to offer him credit...
...while you wouldn't be able to get a home loan for another ten years at least -- and possibly find yourself being turned down for apartment rentals (and jobs) because of that bankruptcy on your record.
4. I don't know about you but I'm more than ready to guffaw everytime
I hear about this jerk and those like him lay claim to some sort of superior ground when it comes to money management. The idea that their debt is somehow honorable and the rest of us out here are just parasites is what is wrong with the system. Why should there be an expectation that these people deserve rewards for gaming the system? The presidency is not a crapshoot.
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