Michael Covel's Trend Following cover image

Ep. 806: Vitaliy Katsenelson Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Skepticism of the System

I agree 100% in the... So I gave you 100 dollars and you pay me back 90. That's not negative interest rates. That's a default. Seventeen trillion dollars today is basically defaulting a little bit every day. We were paying the piper for it. Then magic happened. And magic has happened for 10 years. It's fascinating to me that the skepticism has been rung out of the system. There's so much trust in the bureaucrats and the technocrats and the politicians. You have a union that's kind of disintegrating a little by little every day. At some point, it's going to have a huge problem.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app