China Runs Out of Money

The editors of the Economist “newspaper” – who never met a tin-pot dictatorship or dictator that they couldn’t find some way to praise – have apparently “hit a wall” when it comes to China. That great hope of capitalism (Communist China) is broke and heading for a hard landing.

After singing the praises of China and its vibrant “free market” for years, the Economist editors have now run smack into reality, giving rise to this squib of a story that indicates the ChiComs are hitting the