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Ep. 923: Weijian Shan Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Dot-Com Implosion

It was devastating economies from Korea all the way down to Indonesia. The economy dropped double digits, negative GDP growth for the year 1997 and 1998. And in Korea, many banks failed as in Japan and Southeast Asia. So it was very devastating crisis and people were struggling. It was a very bad time. Although, I think Asia failed much better in 2008, 2009, in the global financial crisis.

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