Billionaire private equity guru David Rubenstein, co-CEO and co-founder of The Carlyle Group (CG) , is always worried about an unforeseen geopolitical event.
"Something in North Korea, something in the Middle East - some dirty nuclear bomb goes off somewhere - something that's a terrorist event," he said in an exclusive interview with TheStreet. "You're always worried about that you can't do anything about it."
The aforementioned events, according to Rubenstein, transcend what any president does or says. "I honestly think there are large geopolitical events that could occur that could hurt the economy - I don't know what they will be and I don't think they're affected directly by the president's comment."
Aside from the possibility of geopolitical risks, Rubenstein is "generally okay" with where the economy is.
Rubenstein is also the host of "The David Rubenstein Show: Peer-to-Peer Conversations" on Bloomberg Television.
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Editors' pick: Originally published Oct. 20.