Birdwatch Note Rating
2024-03-19 14:00:25 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5047B17D2F0B1624B0EB5504CF5628DC96446BF8A7EA96293399E155DB4BBA8A
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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