by Jeffrey Tucker
Daily Reckoning
With the world reopening, and even U.S. blue states repealing mandates, how optimistic should we be? In my view, a little bit is warranted but not that much.
There are huge pressures from high places right now to institute a social credit system in the West. If your politics are wrong, or you accidentally become an enemy of the state, they can freeze your accounts and essentially starve you and your family.
This was a wild conspiracy theory last year. Now it is very obvious that this is where many governments want to go. We’ve seen many examples just in the past week.
The truckers in Canada deployed the crowd-funding platform GoFundMe and raised $9M, until suddenly the platform said that they would not distribute the money yet, pending the release of a clear plan on what the truckers were going to do with it.