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cwillutoday at 4:03 AM1 replyview on HN

FWIW “Gambit” without elaboration strongly invokes the “the bankrupcies were on purpose” to me, so, did you say it? Strictly no, but it was very suggestive.


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skew-aberrationtoday at 7:52 AM

Eh. I wanted to be provocative because I've heard a lot of educated but economically naive people assume 'highly leveraged hotel-casino project' is dumb a priori, even though it's (an example of a) a sensible and common business strategy available to the wealthy. I didn't mean to imply bankruptcy was intentional though.

As to whether Trump did this better or worse than others, I have no idea as I haven't studied it but would assume the latter given the outcome.

A certainty though - plenty of undeserving people you would consider contemptible have successfully played this hand many a time. Yet more reasons to tax land