Rob Luna
๐ค SpeakerAppearances Over Time
Podcast Appearances
Because of socialism, because of unrest that's going on there.
And like the government's continually, like socialism destroys countries.
It really does.
That's the reason, right?
When you look at voters, and I'm half Cuban, and you look at Miami, right?
These are immigrants that came here.
Most of them vote Republican.
Why?
Because they know the problems with socialism, right?
They know what it does to countries.
You look at Argentina, you look at going back to places like Russia, 1998, going back to systemic risks.
and smart people knowing what to do.
Nobel Prize laureates started a hedge fund of trading currencies in 1998 called Long-Term Capital Management.
They didn't think Russia's currency can go to zero.
When it did, collapsed.
The rich people, yeah, maybe they lost some money, but then our government again had to come in, backstop banks that were doing this, and taxpayers once again had to be able to do it.
So what I would say is the dollar as of right now, from what I could see, is still a very safe place to be.
I just talked about all the deficit and the long-term sustainability and all these things.
And I think it is a house of cards.
The big question that you and I always have to answer, and especially because every, I've been on TV 17, 18 years, I have to go out there and make an opinion.