It's as if you can't read....

Posted on: May 7, 2018 at 10:47:06 CT

Eric Trump said the firm's existing businesses — commercial buildings in New York, licensing deals for Trump-branded hotels and clothes — produced so much cash that the Trumps could tap that flow for spending money.

"He had incredible cash flow and built incredible wealth," Eric Trump said. "He didn't need to think about borrowing for every transaction. We invested in ourselves."

He added: "It's a very nice luxury to have."...........

.....Eric Trump said his father wasn't forced to turn to an all-cash strategy. Trump could have borrowed more if he wanted, he said. But he had soured on borrowing in general, Eric Trump said, after contending with unpaid debts in the early 1990s.

"Those lessons undoubtedly shaped his business approach and the conservative nature of how we conduct business today," Eric Trump said......

.....Industry experts said avoiding loans can alleviate risk for real estate companies and allow them to maneuver more quickly.