The family of Donald Trump was indebted to Russia years before the 2016 Presidential election, and the growing evidence of it could spell real trouble for his presidency.
According to Foreign Policy magazine, the Trump family didn’t even try to hide their indebtedness to Russia until Trump became a candidate for President. The report includes quotes like this one from Donald Trump Jr. in 2008:
“Russians make up a pretty disproportionate cross-section of a lot of our assets”, Trump said.
Alan Lapidus, Trump’s longtime architect, told the magazine that following the Trump’s financial troubles in the late 90’s and early 2000’s, he “could not get anybody in the United States to lend him anything,” so most of the money to fund his mid-2000s projects came from Russia.
“His involvement with Russia was deeper than he’s acknowledged,” Lapidus added.
Another former Trump associate told the magazine anonymously that much of the “overseas money” was given in real-estate deals.
“He was saying to himself, ‘What else could I do in the world? I’ll just convince people to buy my brand,’” the associate said. “And the only people who were willing to buy it were tasteless Russians, people who like the absurd, ostentatious gold-leaf lifestyle he has. You’re not going to sell that brand to blue bloods in Greenwich, Connecticut.”
“Trump was on the Titanic heading down,” biographer Gwenda Blair said of his quick recovery from debt. “Everyone’s drowning around him. … Suddenly he gets saved. It’s almost like a spaceship landed right next to where he was in the water.”
“By the time he ran for president, Trump had been enmeshed in this mysterious overseas flow of capital—which various investigators believe could have included money launderers from Russia and former Soviet republics who bought up dozens of his condos—for a decade and a half,” the magazine concluded.
The magazine continued by noting that federal investigators are very interested in Trump’s past dealings with Russia, noting that those dealings are what has put Trump in a perpetual state of being compromised. (Continue reading here)