If the US institutes a social credit system like China’s, SLL will start thousands of points in the hole. From Doug Case at caseyresearch.com:
Justin’s note: Yesterday, Doug and I discussed why China’s getting ready to roll out a “social credit system”—and why the U.S. could do something similar. Today, in the second part of our conversation, Doug shares more thoughts on this disturbing trend…
Justin: I imagine that corporate America will also be in favor of a social credit system. After all, it sounds like the ultimate marriage between big business and big government.
Doug: Absolutely. It relates to our recent conversation about Facebook and the other tech giants. The government loves these companies, and they’re hooked up with the government. The Deep State really exists.
I dislike Facebook intensely, and don’t use it. Only idiots do. But you know what’s interesting? I set up my Facebook account years ago; it seemed like a good way for old pals to get back in touch. And in the beginning, I would get friend requests from a lot of strangers—I didn’t know who these people were. But neither did I care. So I said “yes” to just about everyone’s “friend request.”
I probably got around 4,000 Facebook friends. I know almost none of them. But, when I check, I only get about four a month now. I’m not sure why. As I said last time, not only are people suspicious of it, but kids think it’s clunky, dumb, and unhip. And they’re right. Only the NSA, FBI, and CIA actually like Facebook.
Anyway, is the drop-off in friend requests because everyone who wants to be my friend is already my friend on Facebook? I doubt it, because I still get about 50 friend requests every week on LinkedIn. Which I’m also not crazy about, but at least business might come out of it.
Justin: Maybe your Facebook social credit rating has fallen… Or maybe you said something in one of our recent interviews that ticked off Zuckerberg.
Doug: Who knows? It’s a black box to me. But I’m one of those people who won’t fit in well to the brave new world that’s evolving.
To continue reading: Doug Casey on the Coming Comfortable Dystopia, Part 2