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Ep. 924: Charles Goyette Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Modern Monetary Theory

When I think about China, and I don't necessarily say this to criticize China, it's just a fact of life. If China decides on the global playing board that they want to pull a Crimea over Taiwan, Vietnam, Laos, Cambodia, Thailand, Malaysia, Singapore, there's nothing to stop them. And we have reached a point in this country where few understand that it is capital, which I define as deferred consumption. It'll take them another 20 or 30 years to build up the capital to do it all over again.

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