Cliffnotes of the Zeitgeist, 58th Edition.Counting Chickens

I'm seeing a lot of comments in the ether to the effect of "Trump's fortune destroyed" and the like.

Don't bank on it.

There are judgments against him.  And they are huge.  They'll be appealed.  The appeals will not be fast.

Now, in order to avoid paying the judgment, he'll either have to move that it be stayed (and on the part of the order enjoining him from conducting business he'll do just that), pay the money into Court, or post a supersedeas bond.  He'll post the pond, and, assuming that he has at least $500,000,000 in assets, which he says he does, and which he likely does, he'll get the bond.

I don't know the timeline in other states, but my guess is that after a plethora of post trial motions, appeals will come, and they'll be heard some time in 2025.  At that point in time we'll learn if the judgment holds up, and if the amount of damages holds up, assuming that it isn't settled in the meantime.

What isn't going to happen, however, is that the Fred Trump Empire that his son built his fortune on is going to evaporate due to the judgment.  For that matter, it's unlikely to evaporate at all.

Last prior edition:

Cliffnotes of the Zeitgeist, 57th Edition. Tucker Carlson.