Ep. 1050: Vitaliy Katsenelson Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Cost of Fear
In Germany, after Fukushima, they shut down the nuclear power plants when they start to switch to wind and solar because they wanted to become green. In the process of doing that, electricity prices went up a lot and CO2 increased as well. It seems like now we've got to the point where it's like, if someone yells fire, everyone just runs. If you look at China, this pains me because I grew up in Russia, Soviet Russia,. But Chinese are so much more pragmatic than the West. They build in 215 nuclear power plants. And you know what? If you want to get a power plant in the United States, it's like it's 25 years. They're
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