Ryan Knudson

Shout out, Mr. Wilson.

But can you remind us what that is, the Monroe Doctrine?

Still, the Monroe Doctrine was effective at exerting U.S.

influence in the Western Hemisphere and keeping other world powers out.

The doctrine dominated U.S.

foreign policy for generations, but during the Cold War, and especially after the fall of the Soviet Union, its logic didn't make as much sense anymore.

Instead, Gregg says that U.S.

leaders realize that capitalism actually gave the U.S.

the power it was looking for.

But we could just invest in manufacturing plants and buy goods at cheaper labor prices than we could get in the U.S.,

Trump doesn't see it that way and is promoting his own interpretation of the Monroe Doctrine, or what some are calling the Donrow Doctrine.

That's next.

So, Greg, in what ways is the Donro doctrine the same and different from the Monroe doctrine?

Did I miss something?

I'm impressed that you can rattle off all those presidents in that time period.

So now that Donald Trump has established this Donro doctrine and is focusing on commercialism in the Western Hemisphere, what are just the potential pros of this strategy?

To be clear, there's some uncertainty around whether the U.S.

is running Venezuela.

Nicolas Maduro's vice president is now in charge there, and Secretary of State Marco Rubio says the U.S.

is just running policy.