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Ep. 1093: Think Wide with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Government Can't Bail Out the Banks

Sovereign credit key, which we didn't know, nobody had any idea about until on two thousand ten. People believe that governments have surmounted the short term problem of everything falling apart. The real ultimate issue here is government credit is the value of money. That was not resolved until about two thousand 12 when it went away.

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