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Robert Armstrong

๐Ÿ‘ค Speaker
732 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
Is Imperialism Good for Your Portfolio?

And Trump has framed these moves as part of a broader vision for American power, which he is calling the Donrow Doctrine.

Prof G Markets
Is Imperialism Good for Your Portfolio?

And this is a reference to the Monroe Doctrine, which was first articulated in 1823 when President James Monroe declared that the Western Hemisphere was America's sphere of influence.

Prof G Markets
Is Imperialism Good for Your Portfolio?

The idea back then in the 1800s was to kind of fend off colonialism from Europeans and

Prof G Markets
Is Imperialism Good for Your Portfolio?

And it basically holds that any intervention in the Americas, in the Western Hemisphere, is potentially some hostile act against the U.S.

Prof G Markets
Is Imperialism Good for Your Portfolio?

So the administration has actually endorsed this publicly, the Monroe Doctrine specifically.

Prof G Markets
Is Imperialism Good for Your Portfolio?

They did that in November, and now we're seeing it play out in Venezuela, more recently in

Prof G Markets
Is Imperialism Good for Your Portfolio?

And we're basically seeing the United States is being treated at this point as like an imperial regime.

Prof G Markets
Is Imperialism Good for Your Portfolio?

And now Trump is talking about maybe taking action against Cuba as well, maybe against Colombia.

Prof G Markets
Is Imperialism Good for Your Portfolio?

Also, we shouldn't forget what he said about Canada last year.

Prof G Markets
Is Imperialism Good for Your Portfolio?

He wanted to fold it into the U.S.

Prof G Markets
Is Imperialism Good for Your Portfolio?

And MAGA supports this.

Prof G Markets
Is Imperialism Good for Your Portfolio?

This was a quote from Representative Andy Ogles, which we're going to play.

Prof G Markets
Is Imperialism Good for Your Portfolio?

So all of this begs the question...

Prof G Markets
Is Imperialism Good for Your Portfolio?

And I know that we're not geopolitical experts, so we're going to try to tie this into markets as much as we can.

Prof G Markets
Is Imperialism Good for Your Portfolio?

But what would an imperial America look like?

Prof G Markets
Is Imperialism Good for Your Portfolio?

How would it change the world if we really went out there and decided we are the apex predator?

Prof G Markets
Is Imperialism Good for Your Portfolio?

And then how would it affect markets and perhaps the economy?

Prof G Markets
Is Imperialism Good for Your Portfolio?

Rob, over to you.

Prof G Markets
Is Imperialism Good for Your Portfolio?

We had this in Liberation Day where Trump does this incredibly stupid thing and the market punishes him severely for it, which is kind of what made taco so great.

Prof G Markets
Is Imperialism Good for Your Portfolio?

And for those who don't remember, Robert Armstrong came up with the phrase taco, which took over the world.