Ep. 324: David Stockman Interview with Michael Covel on Trend Following Radio
My guest today is David Stockman. Those that follow business and politics in the United States will recognize his name. Stockman has been a businessman, a Congressman, and Director of the Office of Management and Budget under President Ronald Reagan.
The topic is his book The Great Deformation: The Corruption of Capitalism in America.
In this episode of Trend Following Radio we discuss:
- Woodrow Wilson piece
- How Wilson brought the US into World War I and how the pain of the 1930\u2019s and the pivot point of the 20th century was connected
- Why the ATM\u2019s going dark in 2008 wasn\u2019t a true possibility
- Zero interest rate policy and how we\u2019re forcing people to spend down principal
- How the Fed can generate massive bubbles
Jump in!
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I\u2019m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I\u2019m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.
To start? I\u2019d like to give you a great piece of advice you can use in your life and trading journey\u2026 cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/
You can watch a free video here: https://www.trendfollowing.com/video/
Can\u2019t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast
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Twitter: @covel
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Hope you enjoy my never-ending podcast conversation!