Michael Covel's Trend Following cover image

Ep. 677: Mark Blyth Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Importance of Macroeconomics in the Future

In 2010, because of write-offs, I paid more taxes personally than general electric. Corporates around the world are net savers and they pay pretty much no taxes. The political classes have been utterly beholden to the investor class. We're creating a very unhealthy, monopolized, cartilized economy where the corporates have got so much money thatNet savers. That's ludicrous. Number one, bust up the big monopolies, get a more competitive economy. Number two, pay taxes. 10% everybody in, nobody out. With that, you could generate a huge amount of money for actually reinvesting in infrastructure.

Play episode from 30:00
Transcript

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