3min chapter

Michael Covel's Trend Following cover image

Ep. 1146: Raymond Baker Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Rise of Capitalism in Asia

I would make the argument that almost any Asian city I can go to, big ones, feel more alive. They know they don't have a backstop from their governments. The military controls both the politics and the economy in Myanmar. People eventually react against a harshly authoritarian regime. That's what happens when they move their money out.

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