Carol Roth
π€ SpeakerAppearances Over Time
Podcast Appearances
You know, in terms of our GDP becomes less important.
And then again, we can kind of have the discussion about central banks.
But this is not like you could change certain things about Medicare or health care, whatever, you know, kind of overnight.
Like the central bank, I think, is a much more complicated thing.
that has their tentacles and they're evil and awful, but it exists.
And so we have to be realistic about how it is that we're going to, you know, kind of get it out of the system without just creating, you know, a worse situation than if they were actually there.
Well, but that's the problem.
Well, the problem is that I don't know that we do.
And we are dependent upon China for a lot of the manufacturing of componentry as well as rare earth elements, whatever, that go into our defense.
sector and that's one of the reasons why the situation is so tenuous and to the lay person who doesn't kind of you know focus on all of these different things going on and see how they're interconnected like you're going what are you even talking about right now but there's a lot of
things going on in the global and overall financial order that are shifting and changing based on the realities of what our financial system has been, where we stand now and things like, you know, commodities, who owns them, who owns manufacturing.
And it's why the Trump administration, frankly, has been focused on things where people are like, why are you focused on this?
It's because it's all tied into keeping, like you said, the biggest bombs and that threat in place.
Because if we don't have that, then things shift pretty significantly and once again not in our favor.
So, you know, obviously this is not financial advice.
I can only tell you what I am doing.
And, you know, obviously I'm in a different financial position than other people who may be watching.
I understand that.
So this is just kind of, you know, my thoughts and do what makes sense for you.
But the reality is, as I said, you know, you go out and you spend your life and your hours and you earn money.