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Donald Trump’s business failures were very real, but how about his politics?

  • Writer: WatchOut News
    WatchOut News
  • Aug 7
  • 6 min read

Donald Trump, a sniveling, silver-spooned brat, was gifted a $413 million real estate empire by his father, Fred Trump, yet has the gall to pose as a self-made genius.

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This bumbling fraud has spent his life torching that inheritance with idiotic schemes, predatory scams, and catastrophic failures, leaving a trail of financial carnage and betrayed trust.

 

A national embarrassment, Trump’s career is a vile circus of collapsed ventures, toxic relationships, and economic sabotage, propped up by dirty foreign money and a reality TV charade, not a shred of competence. He’s a con artist lurching from one disaster to the next, dragging America toward ruin with his deranged policies and shameless grift.

 

His business ventures are a relentless parade of failures, each more embarrassing than the last. Let's just have a glimpse into the list of his failures.

 

  • Trump Steaks, launched in 2007, was a laughable attempt to sell overpriced meat through the Sharper Image catalog, collapsing within months due to ridicule and abysmal sales.

  • Trump Vodka, introduced in 2006, aimed to rival premium brands but tanked by 2011, unable to gain traction.

  • Trump Mortgage, started in 2006, folded in 18 months as the housing bubble burst, exposing his ignorance.

  • Trump University, a predatory scheme from 2005 to 2010, defrauded thousands with worthless real estate seminars, costing him a $25 million settlement in 2016 after lawsuits revealed its scam nature.

  • Trump Airlines, (Trump Shuttle) acquired in 1988, lasted three years before defaulting on loans, crippled by debt and mismanagement.

  • His Atlantic City casinos, Trump Taj Mahal, Trump Plaza, and Trump Castle, filed for bankruptcy six times between 1991 and 2009, amassing over $1.8 billion in debt while Trump pocketed millions in fees, leaving investors to drown.

  • Trump Magazines, launched in 2007, folded by 2009, failing to attract advertisers. Trump Ice, a bottled water brand, fizzled out, mocked into obscurity.

  • Real estate projects like Trump Ocean Resort Baja Mexico, announced in 2006, and Trump Tower Tampa, planned in 2005, collapsed before construction, leaving investors with nothing but broken promises.

 

When American banks refused to touch him in the late 1990s due to his serial defaults, Trump turned to Russian oligarchs to keep his empire afloat.

 

Testimony from Felix Sater and reports show Russian money, often through shell companies, pouring into projects like Trump SoHo and Trump International Hotel and Tower in Toronto, propping up his brand when no one else would. This wasn’t savvy—it was survival through shady cash.

 

His true lifeline came in 2004 with The Apprentice, which ran until 2017, earning him $197 million directly and millions more in licensing deals, per financial disclosures.

 

The show crafted a fake mogul image, masking his crumbling ventures and giving him a platform to peddle his myth of success.

 

Trump’s personal life is a chaotic mess, mirroring his business disasters. His first marriage to Ivana ended in 1992 after his affair with Marla Maples, whom he married in 1993 and divorced in 1999.

 

His current marriage to Melania has been plagued by rumors of strain, particularly during his legal battles and campaigns. His business relationships are equally toxic, with public feuds and lawsuits involving former allies like Roy Cohn, Michael Cohen, and Steve Bannon.

 

Even Elon Musk, who pumped $300 million into Trump’s 2024 campaign, abandoned him in 2025, slamming his policies as a “disgusting abomination,” highlighting Trump’s inability to maintain critical alliances. Trump had promised to release Epstein files, a promise he renegaded on.

 

In simple terms it means Trump is protecting high profile pedophiles.

 

Trump's first term from 2017 to 2021 was a masterclass in incompetence. His 2017 tax cuts added $1.9 trillion to the deficit, per the Congressional Budget Office, fattening corporate profits while doing little for the middle class.

 

His trade war with China cost consumers $42 billion annually in higher prices, per the National Bureau of Economic Research. His COVID-19 response, downplaying the virus, pushing unproven treatments like hydroxychloroquine, and delaying federal action, contributed to over 400,000 deaths by 2021.

 

The economy contracted 3.5% in 2020, the worst since World War II. World leaders viewed him with contempt; Angela Merkel called him “unreliable,” Emmanuel Macron criticized his NATO skepticism, and even allies like Japan’s Shinzo Abe struggled with his erratic diplomacy.

 

His withdrawal from the Paris Climate Accord and Iran nuclear deal isolated the U.S., earning global scorn.

 

The CIA and intelligence community openly undermined his agenda.


His push to declassify Russia investigation documents was stalled by agency resistance, citing national security. Orders to reform intelligence operations, including cutting overseas covert actions, were ignored or slow-walked, with leaks exposing his plans.

 

Former CIA Director John Brennan publicly criticized him, and internal memos later revealed agency officials dismissing his directives as “political stunts,” exposing Trump’s inability to control his government.

 

Trump’s 2024 election win hinged on Elon Musk’s support. Musk’s $300 million campaign donation and X platform propaganda amplified Trump’s message, countering negative media and propping up a campaign strained by legal battles and waning GOP enthusiasm.

 

Reports from NPR and posts on X confirm Musk’s pivotal role, and without it, Trump likely would have lost to a stronger Democratic machine.

 

Trump has become the first U.S. president to brazenly con his own citizens by launching a Bitcoin scheme upon his 2024 election. He and Melania promoted “TrumpCoin,” a cryptocurrency hyped as a patriotic investment, preying on his supporters’ trust.


Financial disclosures suggest the couple pocketed over $50 million in profits as hype drove up the coin’s value before it crashed in early 2025, leaving countless Americans, particularly small investors, with worthless digital tokens.

 

The scheme mirrored his earlier scams, exploiting loyalty for personal gain.

 

Now, Trump is pushing an even more audacious con: linking the U.S.’s $36 trillion national debt to a new stablecoin, “AmericaCoin,” which he claims will stabilize the dollar and fund the government. This is a desperate ploy to offload America’s debt onto the world.


The U.S., which has spent decades printing fiat currency to fuel its deficits, exporting inflation to other nations, now expects those same nations—already burdened by absorbing America’s economic fallout—to buy into this unstable, untested digital asset. Stablecoins like Tether, plagued by insufficient reserves and regulatory scrutiny, offer no guarantee of stability.

 

If global markets reject AmericaCoin, which they are doing the dollar’s hegemony could collapse, triggering runaway inflation and soaring interest rates.

 

The stock market’s 5% plunge in July 2025, per market reports, reflects investor dread over this reckless gamble, which reeks of Trump’s lifelong pattern of conning others to bail out his failures.

 

His 2025 tariff regime is economic insanity. He imposed a 10% universal tariff on all imports, 60% on Chinese goods, 100% on nations shifting from dollar-based trade, and 2,000% on Mexican vehicles, per White House statements.

 

These tariffs will cost American consumers $78 billion annually, per the Tax Foundation, and triggered a 1,600-point Dow drop in a single day in July 2025, per Senator Brian Schatz. Allies like Canada and Mexico face economic coercion, with Trump threatening 25% tariffs unless they meet border demands.

 

The EU and China are retaliating with targeted tariffs, risking a global trade war. His fantasy of funding the government solely through tariffs, floated in 2024, is absurd, as tariffs can’t replace the $4.4 trillion federal budget, per CBO projections.

 

Trump’s economic policies are ballooning the national debt.

 

His first term added $8.4 trillion debt , per the Treasury Department, and his 2025 “Big Beautiful Bill” is projected to add $2.4 trillion more, per budget experts cited in The Guardian.

 

His idiotic claims, like tariffs being paid by foreign countries (they’re paid by U.S. importers), praising 1930s tariffs that deepened the Great Depression, or suggesting Greenland’s purchase by force, make him a global laughing stock.

 

Leaders like Modi and Starmer see him as a bully, not a statesman. Trump’s debt-fueled, tariff-driven, crypto-peddling agenda is a reckless scam, driving America toward economic collapse while alienating allies and conning the public with fantasies of wealth.

 

To sum it up, Donald Trump is not a visionary, not a builder, not even a competent conman, he’s a bloated parody of American excess, a carnival huckster stumbling through history in an ill-fitting suit and a spray-tanned delusion of grandeur.

 

He doesn’t lead; he incites. He doesn’t govern; he grifts. The only empire he’s truly built is one of lies, lawsuits, and late-night rage posts. America didn’t elect a president they hired a dimwit bankrupt mascot for oligarchs, a glorified game show host who mistakes volume for strength and spite for strategy.

 

He is not the author of a new American chapter, he is the punchline of its cautionary tale. A clown in a collapsing circus, juggling debt, delusion, and national disgrace. Trump’s MAGA spell is broken. Even his base knows he is a lame duck.

 

For an entire decade now, Donald Trump has been immune to alienating his supporters — a base so loyal they’d drink bleach if he told them it would own the libs (and some probably did).

 
 
 

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