So the seriousness of the situation has obviously reached the White House. However, it is unclear who or what drove the President to inspect: Possibly the immunologist Anthony Fauci, who plays the same role for America as the Charité professor Christian Drosten for Germany. Or maybe it was simply the development on the US real estate market that Trump says he knows even better than about many other things.
Because Trump is now feeling the collateral damage of the century crisis to his own wallet: As the “Washington Post” found out, the Trump Organization, headed by his sons Eric and Donald Jr., had to put the sale of a property in the capital Washington on hold – the market is like frozen, no buyer in sight. Even more: Because life has largely come to a standstill in the United States as well, most Trump houses – mostly hotels or holiday resorts – are hardly or only ten percent occupied.
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Trump’s companies don’t get state aid
Trumps Holding is losing $ 680,000 in earnings weekly, the newspaper reports. This is bitter, because as president he is only entitled to $ 400,000 a year, even waiving this salary and contenting himself with a symbolic salary of one dollar on his own initiative. His political influence is apparently not enough to jump aside his sons. In the negotiations on the rescue package for America’s companies, the opposition Democrats prevented Trumps companies from claiming help.
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And so the Trump Organization now has the house bank of the presidential family – the Deutsche Bank – asked to postpone loan payments. And the Trumps wouldn’t be the Trumps if they didn’t put their request in a larger, global context. “These days everyone is working together. Tenants with landlords, landlords with banks. The whole world is working together to fight this pandemic,” said Trump’s son Eric. It is also conceivable that Deutsche Bank requires additional security as a loan from the Trump Organization, so-called margin calls. The money house itself does not want to comment on the information on request.
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The business relationship between the ailing German financial house and the real estate tycoon and current US president has provided material for conspiracy theories for years. It is conceivable that Deutsche Bank has now resold its loans; in any case, it would be a normal procedure. In relevant circles, Russian investors are named as buyers, who now have Trump in their financial hands, which in turn explains his enthusiasm for Russian President Vladimir Putin.
None of this has been proven. And Deutsche Bank remains silent on business relationships. Nevertheless, the rumors persist – also because the Democrats have been trying for years to expand Trump’s connection to Deutsche Bank to include Russia. So far they have been pretty unsuccessful, but now the Trump-Deutsche Bank loop is being extended by one chapter. Sequel follows.
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