Some clear implications from the Trump Tax story:

- He blew through other people’s money. His dad’s. Then Mark Burnett’s. Plus loans.
- he starts blowing through the most money in 2011, when the known sources disappear.
- He had a new source of funds.

1/

- This new source had more money and seems to have put fewer restrictions on his spending.
- Only question for us as a nation: what is that new source of money?
- As I’ve written obsessively, 2011 is when he gets into business with the Mammadovs.

2/

- Soon after, he’s in business with the Agalarovs, flirting with Georgians and Kazakhs with ties to Putin.
- All of these groups are—between 2011 and 2016—known to be laundering money through golf courses.

3/

- Golf courses are one of the best ways to launder large amounts of money.

So, next step: look to Scotland. That is where he spent this money, where the businesses make the least sense.

The math seems clear: *somebody* was giving him 100s of millions to spend.

4/

Until we know who, we don’t know who this man owes and what they know about him.

5/end