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It is known that Trump is billions of dollars in debt. He can’t sell his assets as presidents normally do – even Jimmy Carter sold his peanut farm – because he needs the income from rents and branding licences to pay the interest on his loans. As the large American banks have refused for years to lend him money, it is presumed that Russian oligarchs are holding a great deal of that debt (as is the state-owned Bank of China, the biggest commercial tenant in Trump Tower, where the Department of Defense is also now renting a floor, profitably for Trump and conveniently for Chinese hackers). For their part, the Russians are losing billions on the oil sanctions, which Clinton was unlikely to lift. Not coincidentally, ex-Exxon CEO Rex Tillerson, decorated with Russia’s Order of Friendship and opposed to the sanctions, has become secretary of state.
full: https://www.lrb.co.uk/blog/2017/02/16/eliot-weinberger/the-month-of-trump/
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