Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Video & Multimedia
Related: About this forumTrump Boasts About His Wealth As Truth Social Deal Falls Apart - Ring of Fire
The company that was trying to merge with Donald Trump's media empire - Digital World Acquisition - is likely going to be pulling out of the billion-dollar deal after investors failed to pass an extension to get the deal done. This means that Trump could be on his own trying to pay for the group that is clearly failing, but he assured his Truth Social followers that he doesn't need the investment because he's super rich and can pay for it himself. This is a recipe for disaster, as Ring of Fire's Farron Cousins explains.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 491 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (4)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Trump Boasts About His Wealth As Truth Social Deal Falls Apart - Ring of Fire (Original Post)
TexasTowelie
Sep 2022
OP
NCjack
(10,279 posts)1. TDFG can sell 1 or 2 TS documents have enough cash to proceed.
stopdiggin
(11,311 posts)2. good. let him pour his money down the rat hole.
But, boy - if anybody else has any money on the table ... Pull the fire alarm and head for the exit.
Trump really ain't known for putting his own money ...
Warpy
(111,264 posts)3. Since he has never kept any of his grandiose ideas afloat with his own money
we can expect this Big Idea to go tits up mercifully soon. I'm shocked that they have enough money to keep them staggering along until April, I'd be more inclined to estimate they'll have the plug pulled right after the midterms. It's the only way he can claim a profit on his vanity media venture.
The fact that the office is gone and the staff are no more is a pretty good tell that they're not going to last much longer.
TFG won't be too upset, there's always Gab.