One of the most infamous criticisms of China over the past several years that has formed the basis for viewing the country as an Orwellian surveillance state and its citizens as mere drone-like-automatons is its supposed “social credit system.” But what if I were to tell you that the origin of this Orwellian “social credit system” and the fintech (financial technology) credit loan bubble crises were actually created by the same
What can one say about such an enthralling, informative piece other than WOW and WOW again. It would be a criminal offence for those of us who aren’t/weren’t thoroughly familiar with China’s ‘social credit system, or why there’s so much controversy surrounding it, not to read Cynthia’s piece.
The first time that I came across the name Joseph Tsai, although I didn’t know much, still I smelled a rat. But Cynthia, you have not only exposed the rat’s nest and rat tunnels and rat city but the whole Project Rat-gate!!! This is truly a monumental and ground-breaking expose. I’m waiting for part 2 with bated breath!!!
Thank you, Cynthia, for taking us on this very important journey into understanding the realities and mythologies around the concept of "social credit scores", including naming the major financial power brokers, all outside of China, who are really running the show.
Phenomenal article! Thanks Cynthia for unravelling the tangled web behind the current AI Boom and where it is headed. The 1% > 0.1% > 0.01% > 0.001% = the 1st Trillionaire. How long before the 1st Quadrillionaire! The words of Allen Touissant's 1972 song 'On the Way Down', made famous by Little Feat: "The same people that you misuse on your way up, you meet on your way down"
Wow.. Sterling work yet again Cynthia. I am always in awe at your attention to detail and research with references.
I am curious though, is this same play happening in Russia today? Because, although it looks like it with Yandex and Ozone, people I know still prefer physically seeing things before buying them. A holdover scepticism left over from the decade of shame.
Thank you so much for sharing your work, it is true I lean something new from you almost every time.
What can one say about such an enthralling, informative piece other than WOW and WOW again. It would be a criminal offence for those of us who aren’t/weren’t thoroughly familiar with China’s ‘social credit system, or why there’s so much controversy surrounding it, not to read Cynthia’s piece.
The first time that I came across the name Joseph Tsai, although I didn’t know much, still I smelled a rat. But Cynthia, you have not only exposed the rat’s nest and rat tunnels and rat city but the whole Project Rat-gate!!! This is truly a monumental and ground-breaking expose. I’m waiting for part 2 with bated breath!!!
Thought you would like that part of the story best Gerry. ;)
Wow . Please don’t say it’s long . I loved every moment I spent reading it. Thank you ❤️
Thank you, Cynthia, for taking us on this very important journey into understanding the realities and mythologies around the concept of "social credit scores", including naming the major financial power brokers, all outside of China, who are really running the show.
Phenomenal article! Thanks Cynthia for unravelling the tangled web behind the current AI Boom and where it is headed. The 1% > 0.1% > 0.01% > 0.001% = the 1st Trillionaire. How long before the 1st Quadrillionaire! The words of Allen Touissant's 1972 song 'On the Way Down', made famous by Little Feat: "The same people that you misuse on your way up, you meet on your way down"
Wow.. Sterling work yet again Cynthia. I am always in awe at your attention to detail and research with references.
I am curious though, is this same play happening in Russia today? Because, although it looks like it with Yandex and Ozone, people I know still prefer physically seeing things before buying them. A holdover scepticism left over from the decade of shame.
Thank you so much for sharing your work, it is true I lean something new from you almost every time.