Birdwatch Note Rating
2024-03-19 18:28:07 UTC - HELPFUL
Rated by Participant: 3F7E7D81AEA3B9BADC0ED8E0A0CEA314E41035C12FC3899D3F3A526D2580C9C4
Participant Details
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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