An important reminder: China ain't rich yet, not the way we think of it and enjoy it.
And that's an interesting year, isn't it, 1923? The post-WWI US economy was getting goosed into the stratosphere by artificially low interest rates and a borrowing boom, only to come crashing down in 1929. Government efforts to "remedy" the crash only made things worse, with a pair of lefty UCLA researchers famously concluding that FDR's New Deal added seven years to the Great Depression.
I wonder sometimes how far China might be out from a 1929 crash, and how inept the desperate Communists might be in combatting it.
Don't miss this.
Over the years, I've been forced to conclude that Rolling Stone's Matt Taibbi is a terrible person with worse takes.
"When they go low, we kick them," the worst AG in American history says:
Yeah, keep talking, Dems. That kind of "tough talk" does help drive people to the polls (although not in the way they intended).
Only in Berkeley could a leftist group be so far-left crazy that Whole Foods needs to get a restraining order against it:
An animal rights activist group that has drawn attention for its brazen protests around Bay Area supermarkets has been banned from setting foot inside a Whole Foods store in Berkeley, the San Francisco Chronicle reported Monday.
Court records indicate the Whole Foods location in Berkeley filed a restraining order in late September against the grassroots group, Direct Action Everywhere (DxE).
Over the last few years, the activist group — which espouses “total animal liberation” — has protested outside Bay Area Whole Foods and other supermarkets to raise awareness about alleged animal welfare violations of Whole Foods’ main suppliers, the San Francisco Chronicle reported.
Worry not, animal rights crazies. While the Dem supermajority in California continues to erode the rights of its human citizens, the chickens may soon be living large: