Ones and Tooze The Economics of Donald Trump
Oct 11, 2024
Dive into the complexities of Donald Trump's financial empire, from his roots in real estate to his ventures in cryptocurrency and social media. Discuss the implications of his economic policies, like high tariffs and a weaker dollar, on his potential re-election. Explore the intriguing rise of the pumpkin spice industry, its multi-billion-dollar worth, and the cultural significance it holds during autumn. The podcast also touches on the intertwining of political ambitions and financial interests, revealing the quirky economics behind seasonal favorites.
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Trump's Evolving Business Empire
- Donald Trump's net worth is $3.9 billion, but his business ventures are diverse and complex.
- He transitioned from real estate and reality TV to social media, cryptocurrency, and international finance.
Trump's Net Worth Composition
- Trump's net worth comprises tangible assets like real estate and golf courses, and intangible assets like Truth Social.
- His international businesses, primarily golf courses, are loss-making.
Trump's Crypto Venture
- Trump, previously a crypto skeptic, partnered with World Liberty Financial, a new cryptocurrency exchange.
- This move is linked to his son Barron's interest in digital finance.