As with everything else about global warming, he just made it up!

There's also a second level to the equation.Everyone thinks in terms of the US when thinking about Gold.BUT, gold is a global trade.

College isn't for everyone but in todays global economy it's hard to secure a job without a degree.

To me it seems more like a global meltdown!   

The Rust Belt, the sunshine, the global economy, the evolution of high tech in a low-tech place, the highways to the suburbs, high taxes, our conservative bankers, stifling politics, recalcitrant unions, the difference between the thinking in blue-collar bars and East Side country clubs, the failure of urban renewal, the disaster of school busing...

The emphasis most people in this forum place on cash flow is correct; it's very important to have a healthy margin every month especially as your portfolio gets bigger.

He may be able to trick a consumer or small lender, but if anyone does a global review of his financials to include his business, it will be a wash and won't help him.I believe the entity type and structure will determine if it is pass through or not. 

I eventually grew up & went to college, where I got a Bachelor of Fine Arts with emphasis in Photography.

I submit my global net worth, my personal Financial Statement, my purchase sale agreement, all financials operating statements (P&L), rent role, etc..  

They repossessed it and decided finishing it and running was more profitable than selling.And global changes could have dramatic effects.