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Tony Bark ( tonytins@pawb.social )  to The Onion@midwest.socialEnglish · 2 years ago

Man Who Bankrupts Casinos Really Showing the World a Thing or Two About How To Do Business

theshovel.com.au

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Man Who Bankrupts Casinos Really Showing the World a Thing or Two About How To Do Business

theshovel.com.au

Tony Bark ( tonytins@pawb.social )  to The Onion@midwest.socialEnglish · 2 years ago
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Man Who Bankrupts Casinos Really Showing the World a Thing or Two About How To Do Business — The Shovel
theshovel.com.au
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In what has been described as “a massive fucking surprise”, a man who has run six companies into bankruptcy and wasn’t even able to make money out of A CASINO, has absolutely no idea what he is doing while in charge of the world’s largest economy.
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  • cyrano ( cyrano@lemmy.dbzer0.com ) 
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    2 years ago

    If the United States could see what the United States is doing in the United States, the United States would invade the United States to liberate the United States from the tyranny of the United States.

  • SaltSong ( SaltSong@startrek.website ) 
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    2 years ago

    How in God’s name do you bankrupt a casino?

    • rockerface 🇺🇦 ( rockerface@lemm.ee ) 
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      2 years ago

      Multiple times, too

    • entwine413 ( entwine413@lemm.ee ) 
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      2 years ago

      By using it to launder money.

      • SomeoneSomewhere ( SomeoneSomewhere@lemmy.nz ) 
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        2 years ago

        Using it to launder money usually results in an extremely profitable casino, not the opposite.

        • jecxjo ( jecxjo@midwest.social ) 
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          2 years ago

          I have a feeling Trump thought money laundering involved laundromats.

    • longjohnjohnson ( longjohnjohnson@lemmy.ml ) 
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      2 years ago

      deleted by creator

      • SaltSong ( SaltSong@startrek.website ) 
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        2 years ago

        Well that’s a special kind of stupid.

    • podperson ( podperson@lemm.ee ) 
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      2 years ago

      Well you see, a casino is an extremely complex, mult-layered business in which customers enter said business with the expectation and intent of exchanging money for entertainment, and the casino itself is guaranteed through simple probabilities and statistics to have an advantage over the customer on all of the games presented, and… oh wait. Yep, he must really suck at business.

      • SaltSong ( SaltSong@startrek.website ) 
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        2 years ago

        A casino is a business where people give you money expecting nothing in return.

        There are a lot of ruffles and flourishes to disguise that fact, but is the simple truth.

        And Trump is so stupid he managed to fuck it up. Twice.

    • SomeoneSomewhere ( SomeoneSomewhere@lemmy.nz ) 
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      2 years ago

      Bankrupting a casino is usually a good thing. E.g. “I’m the man who broke the bank at Monte Carlo”.

      • SaltSong ( SaltSong@startrek.website ) 
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        2 years ago

        Bankrupting it from the outside is good for the guy who does it. But that’s not the same thing.

    • The_Caretaker ( The_Caretaker@lemm.ee ) 
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      1 year ago

      deleted by creator

      • SaltSong ( SaltSong@startrek.website ) 
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        2 years ago

        Launder whatever you want, but you could still be able to stay in the black.

  • HowAbt2morrow ( HowAbt2morrow@futurology.today ) 
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    2 years ago

    Bloody hell! So this is the Onion? The fucking world is upside down

    • MNByChoice ( MNByChoice@midwest.social ) 
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      2 years ago

      No, “The Shovel”.

      Absolutely brutal takedown.

  • DogPeePoo ( DogPeePoo@lemm.ee ) 
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    2 years ago

    Merrick Garland chugs dick

    • sin_free_for_00_days ( sin_free_for_00_days@sopuli.xyz ) 
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      2 years ago

      Such a fucking letdown. I didn’t have a lot of faith in him, but I hoped that his being shut out of the SC would at least light a fire under his ass, hell what did he have to lose? FUUUCK!!

  • CPMSP ( CPMSP@midwest.social ) 
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    2 years ago

    Move fast, break things can make sense in a garage startup.

    Once you hit the ~$1M valuation, then you should really have a plan that has some depth and a deep understanding of the principles. The scale we are looking at is several orders of magnitude beyond that. It’s lunacy.

    This guy is speed running depression.

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