this post was submitted on 26 Oct 2024
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[โ€“] UnderpantsWeevil@lemmy.world 1 points 1 month ago (1 children)

A billionaire's worth isn't the size of the bank account but the limit on the credit card.

To date, I've seen nothing to suggest either Trump or Musk have a limit on how much they can borrow and spend. That's largely because our historically fascist oligarchy of banking executives love their brand of politics.

[โ€“] Blackmist@feddit.uk 2 points 1 month ago

Yeah, it's one of the reasons Anna Sorokin took so much.

Banks were falling over themselves to lend money to her. They thought she was one of them.