Commentary China’s collapsing currency is the latest in a series of economic decline symptoms that the Chinese Communist Party (CCP) leadership is scrambling to resolve, but so far, with little success. The reasons for the yuan’s fall and Beijing’s failure are as predictable as they are destructive. An Economic Chain Reaction A major cause of…

Commentary This has been a week of spin, with every regime apologist assuring the public that inflation is getting better. Just look at the wonderful trend line! In the footnotes, you find the truth: it was a tiny drop and mostly for technical reasons and the main reason for the drop has already disappeared from…

Commentary The outrageous prices at the grocery store and gas stations—the highest ever recorded and increasing at rates too fast to calculate with precision—are yet more collateral damage from the initial lockdowns two years ago. The story unfolds over two years but the line of causality is direct. Apparently it’s going to get much worse….