From Michael Covel, Editor, Trend Following:
Here’s something that should scare the hell out of you, but it doesn’t surprise me at all…
A recent Harvard University poll of young adults between ages 18 and 29 found that 51% do not support capitalism.
But it’s not just Millennials…
A subsequent survey of people of all ages found that the only respondents with a majority in support of capitalism in the U.S. were those 50 years old and over.
That’s bad news for the future of free enterprise in America.
So if capitalism is headed to the morgue here in its former hotbed, is there hope for its survival anywhere else?
Yes, without question. And it’s somewhere you’d least expect…
Good Morning, Vietnam
Today, I am in Taipei, Taiwan. No doubt the Taiwanese people understand money and commerce. They’re driven by economic excellence.
This small island nation of 25 million people…