50 Cent Speaks Out on Bankruptcy Filing: ‘People Love Tragedy’

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50 Cent

50 Cent is breaking his silence after filing for bankruptcy – and he wasn’t afraid to shed light on the situation currently facing him.

“I’m not panicking. People love tragedy more than they love good news, no matter how you look at it. The news comes on, and it’s 90 percent tragedy,” the 40-year-old rapper and businessman told ET-Online.

“I have faith in the court systems,” he continued. “I know at points you gotta just relax and go through the process.”

If anything, 50 Cent wants everyone to know that this isn’t a red flag.

“I make decisions to do things based on the position that I’m placed in at points and if I’m consistently being made out to be a target because of my financial situation …,” he told ET. “If [people] actually believe that I wouldn’t be conscious of who I am and protecting myself …”

Late Monday evening, 50 Cent joked about his current situation, posting a pic of him in front of a Smart car. “Times are hard out here LMAO,” he wrote in the caption.
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