Birdwatch Note Rating
2024-03-20 02:02:02 UTC - HELPFUL
Rated by Participant: 0DB53505C02B1C44DB632B3F6548F29293170E8B3A1CD24786D7B5B15DEF56DA
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Original Note:
Being a billionaire does not mean you have a billion dollars cash on hand. It is the sum of all his assets, much of which is in illiquid assets such as real estate under threat of seizure. The NY courts instigated this liquidity trap with these outrageous judgments. https://www.secondre.com/real-estate-investment/what-is-liquidity-in-real-estate-and-when-is-it-needed/
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