China’s economic crisis is real and it’s spectacular

I admit to being a bit obsessed with this story and I’ll also admit the reason is largely schadenfreude. I’m enjoying seeing China’s arrogant nationalists, the communist apparatchiks who believe the party knows what’s best for everyone getting humbled by the simplest of problems: economic reality. After seizing the freedom of millions of people in Hong Kong and threatening to do the same to Taiwan, China suddenly finds itself facing a severe crisis of confidence.Read More