Li Schoolland Says Beijing's Poor Economic Situation Is out of Its Control

Li Schoolland, director of external relations at the Asia Pacific for the Acton Institute, grew up in communist China. She says China's economy right now is very bad, with huge internal debt, lack of cash, and high inflation. She links the current economic situation of the Chinese Communist Party with its official corruption. She also adds she can see the direction the United States is heading in and the end result is not good.