China is experiencing an economic decline as significant as the Great Depression of the 1930s in the US, with high unemployment, bank failures, and a collapsing stock market. The difference is an authoritarian government that has absolute control of the people and businesses that are staggering under the weight of Xi Jinping’s policies. Some Americans at the time blamed Capitalism and openly wondered if we wouldn’t be better off with Communism or Hitler’s National Socialism. Now, we can test that idea.

I don’t want the Chinese people to suffer, but it’s time they relaxed their embrace of Communism and dictatorship. They’re facing a century of further humiliation. It is time to embrace the entrepreneurial spirit of the Chinese people and find economic freedom and a better future for their country.