There is no way to communicate the drastic change that's taken place
in our banker's (one trillion dollars of holdings) land.

I once read of rumors of cannabillism (a la starvation) in remote
China in HARPER'S MAGAZINE.

That's how deprived and backward it apparently was.

Their situation was sorta like the North Koreans' plight of today

Americans observed the 1960s Chinese Cultural Revolution as truly
awesome craziness: the younger Chinese were
zombie-like and murdering & humiliating so-called capitalist,
Confucist, roader, running dog dissenters.

It was existential totalitarianism if there ever were
totalitarianism.

(Give me a better description of what it was, if existential doesn't
belong.)

Running dogs and capitalist roders (sp?) were particular favorite
flame catchwords.

Maoists wannabe admirers with "little red books" of Maoist wisdumb
seemingly to this day plot/hang around maybe Britain, seemingly Italy,
Peru, maybe Germany, maybe France maybe Greewich Village, UC Berkeley,
etc.

Today the incredibly smart and productive Chinese are out-capitalizing
the hated/admired Occident.

Here Joseph Norcera, the NYT columnist, tries to capture the irony,
thoough I doubt if ye young
could believe such 180 degrees change to non Maoism.

http://www.nytimes.com/2008/04/26/business/26nocera.html?ref=business

Those that said China is 5 Japans were prescient.

Those that said, those poor pitiful people, if only Communism would go
away, are halfway right.