Ep. 931: A Crazy Damn Year with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Precarious Situation of the Gavapoli System
I'm wondering if the lack of outrage is reflected in the fact that so many average everyday people via mutual funds and perhaps pensions actually have investments in these many Gavapoli type companies, it just seems like it's a precarious situation. Everywhere you look, everywhere there's a regulation, there's a Gavapolis system at work. And as you stop competition within a economy, the whole economy itself becomes less competitive. The whole economy, our economy is not competitive because we don't allow ourselves to compete with one another anymore. I think to add to that point on the other countries, I see it being in Asia right now. It seems like that in Asia, you can build
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