Ryan Knudson

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.

But when asked in an interview with NBC about who was ultimately in charge, Trump said, me.

Another risk is that these actions evoke a strong response from other countries.

For instance, if the US were to actually go after Greenland, which is a protectorate of Denmark, a NATO ally, it could open up a totally different can of worms.

Denmark's prime minister has called on Trump to stop threatening Greenland.

I do wonder, though, if resources and territory are the things that actually give a country power in this century.

I mean, when you look at Venezuela and its oil, sure, there's a lot there, but the U.S.