Quote:I agree.   What I think it proves is that he is not a "financial guru" as some of his supporters claim.   There were many experts at the time telling us that housing was in a bubble and when it popped, the result would be a financial disaster.   Trump ignored those warnings.   He started Trump Mortgage, he said housing was going to strong for a long time, and within a few months, the housing market started its collapse, taking Trump Mortgage with it.  

 

That's why I'm saying, it's wrong to call him a financial guru. 

 

I don't think he's infallible.  At the same time he's obviously more of an expert on the economy than most politicians because he's actually participated in it.  

 

I feel like it's a bit of revisionist history going on.  You have "financial experts" and others telling everybody EVERY DAY that the economy is going to fall apart VERY SOON.  So when it eventually does have a down turn they can say "Look I predicted this, buy my stuff!"  If you listened to the "warnings" all the time, you would get no where.  You would just be scared to do anything.

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