Trump Ocean Club files for Chapter 11

Don't say we didn't warn you. Newland Properties, the developer of the embattled Trump Ocean Club in Panama - the most intensely hyped real estate project in the history of the country - is filing for Chapter 11 - and that is just one step from bankruptcy.

Sarko meets the Narco!

Isn't our indefatigable president just fucking sharp like a razor to see all those similarities and bring them to the table in France? How amazingly bright, no, to compare Panama with Dubai on a trip to Europe, which is very much exposed to Dubai's debt pile!

Trump Club Debt Crisis!

Trump Ocean Club goes the way of Greece, including bond debt restructuring, bank trouble, being downgraded and all the other fun that comes with the collapse of capitalism.