Birdwatch Note Rating
2024-03-19 09:12:04 UTC - SOMEWHAT_HELPFUL
Rated by Participant: EAF32DD236A40226D6C9E9A95F3A3ABCF3D33556167D7D2007D942FF4D7D67C7
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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