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Turley Talks

Ep. 620 The Economic FALLOUT from the FALL of KABUL!!!

Turley Talks

podcast@turleytalks.com

News, News Commentary, Daily News, Politics

4.81.3K Ratings

🗓️ 27 August 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

“People like me love a little bit of chaos because these things make the market move. It gets out of its comfort zone and with chaos comes profit. And if it’s at Biden's expense, it’s like having ice cream and not gaining weight.” - Bob Kudla

Timestamps:

  • [01:38] Why chaos is good for the market
  • [02:25] The macro-economic ramifications of the fall of Afghanistan
  • [08:12] How this event affects the stock market
  • [10:33] What is happening on cryptocurrencies today
  • [13:33] On VSX, Barrick Gold and how Trade Genius can help you

Resources:

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Transcript

Click on a timestamp to play from that location

0:00.0

Are we seeing the revitalization of conservative civilization all over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values, and it's just the beginning.

0:19.0

I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink and a new conservative age is rising.

0:27.0

Join me every day as we examine these worldwide trends, discover answers to today's toughest challenges, and together learn to live in the present in light of even better things to come.

0:39.0

This is Turley Talks.

0:42.0

Are you wondering how Biden's disasters like the fall of Afghanistan and a new round of COVID restrictions are going to affect your finances and the market?

1:02.0

Well, our guest here today is going to help us answer those concerns. Bob Kudlow, Trade Genius Academy is back with us again. If you're not familiar with Bob, he started Trade Genius Academy back in 2015 after 25 years as an executive for two Fortune 500 companies and the financial services industry, and over the past five years, Bob has amassed an amazing 65% overall win record in the market.

1:27.0

So today, Bob is going to help us make sense of some financial sense of all the craziness going on in our world. So, Bob, welcome back. Great to have you with us again.

1:38.0

Hey, Dr. Steve, thanks for having me. People like me love a little bit of chaos because these things make the market move. It gets it out of its comfort zone, and with chaos comes profit.

1:51.0

So, you know, and if it's a Biden's expense, it's like it's like having ice cream and not gaining weight. So this has been this is wonderful. So I love it. Well, yeah, let's dive right into it. So Afghanistan, I mean, we got the Taliban returning after 20 years.

2:10.0

We got Russian China, exercising more influence in Central Asian than they have in the last 20 years, not to mention possibly Pakistan Iran. So what do you see as some possible economic ramifications of all of this?

2:25.0

Yeah. So first of all, let's talk about really macro. This is Biden's waterloo.

2:31.0

Okay, so whatever shred of credibility he had left is gone. Okay, so people look at this around the world and said, he can't even manage to probably one of the most basic ways in what you leave a country.

2:46.0

He's inept, or this was a design feature. And either way, we don't want it. Right. And so, and you couple that with how they're managing the COVID response. Everything to them is out of a political lens.

3:01.0

People don't live politically, Steve. They live normally. Right. And these guys live everything they do is to a political lens. Well, that political lens is starting to burn them. So look at COVID.

3:13.0

Vaccine mandates. Vaccines who were always right. No, no deviation from the mantra. And you look at Israel, the most vaccinated country in the world.

3:24.0

And yesterday they had a report to the parliament said he started off with don't be afraid. Well, so we sell you to don't be afraid. You better be afraid.

3:34.0

You better be afraid because people are dying and going to hospitals at levels even higher than when the alpha variant was out. So something is significantly wrong with this RNA vaccination approach.

3:48.0

And we don't want to get in all the details here, but there are reasons why this is happening. And it's basically busting the floor out of the argument we got to backs everybody always.

3:58.0

You're starting to see it, you know, Montana said no backs mandates. Texas, just before I got on the show, no backs mandates. You know, Florida is going to do it. I think every red state is going to do it.

4:09.0

And it's going to force the blue states to either implode economically or come on board with what's going on in the red state. So this is a beautiful thing.

4:20.0

There's no credibility anymore to southern border wide open, no covered restrictions on those people. So this the basically the hypocrisy, the incompetence.

4:30.0

And Joe's just not there. I mean, he's a rambling. He's he's like weekend at birdies. And look, they got to keep this guy alive because the alternative is Kamala.

...

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