It is now 4 years ago, but I remember a conversation I had with an American. Trump was campaigning for president and this American told me that America needs to be run like a business, and since Trump was a successful business tycoon, he should be the next president of the United States. I disagreed and we haven't spoken ever since.
We all know what happened and today we also know the results.A stunning New York Times exposé of the President's tax returns Sunday revealed a pitifully inept businessman and a serial tax avoider crushed by massive debts that could expose him to conflicts of interest given his position as President and power to help undisclosed lenders.
"I mean the stories that I read are so fake. They're so phony," he said, claiming to pay a lot in taxes.
The Times reports that within the next four years, more than $300 million in loans -- for which Trump is personally responsible -- will come due. That opens the extraordinary possibility that the lenders could be called upon to decide whether to foreclose on businesses owned by the US President while he is in office if he is unable to pay the money back. Trump is therefore in danger of becoming deeply compromised.