Charlie don't surf

The curmudgeonly but remarkably accurate boys at GMO sock it to the reds.  I particularly liked this line, which is a phenomenon I find very amusing.

One of the wonders of modern China is that it has turned some of the world's most ardent capitalists into fervent admirers of an economy managed by communists.

I think investing is hard enough; I can't even imagine running an economy with 1.3 billion souls.