Did I say that? Since they failed, they were obviously bad business. But they were a rational thing to attempt to do - taking on a massive loan to speculate on land and using a (potentially) high cashflow, quick to setup, easy to market business to offset the high initial interest rates. i.e. the same thing being discussed in this thread

Bankruptcy is great actually, you don't have to pay the money you owe but if you play your cards right you can still keep the benefits.

Well it's not like it didn't work out very well for Trump. Idk if it's 4D Chess but a huge part of the expense that lead to bankruptcy was licencing of the Trump brand. Can't pay all the other vendors because we first had to pay to license the name. OK, bankruptcy.