Tag: bubble market

Huaxi Village: The Communist Experiment That’s Bursting a Bubble

For anyone who dreams of and pursues “absolute equality and common prosperity for all,” Huaxi Village in China came close to being that utopian dream; the only problem is, after enjoying world renown as “the richest village in China” for decades, Huaxi is now facing bankruptcy. In late February, a short video of hundreds of…


Huaxi Village: The Failed Communist Experiment

For anyone who dreams of and pursues “absolute equality and common prosperity for all,” Huaxi Village in China came close to being that utopian dream; the only problem is, after enjoying world renown as “the richest village in China” for decades, Huaxi is now facing bankruptcy. In late February, a short video of hundreds of…