Tag: China social credit system

Digital IDs in China – THE GREAT RESET IS HAPPENING NOW

Guest Post by Martin Armstrong

The mainstream media does not want the West to know what is happening in China because the people would be frightened and begin to rebel. The media wants you to believe that China is “experimenting” with digital IDs that are linked to bank accounts and impacted by social credit scores, but they’re already there. TikTok is one of the last platforms where users throughout the world can share personal news without censorship. In the video above, a Chinese woman is explaining how she “once again cannot buy food.”

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Federal Reserve announces major ‘pilot exercise’ for ESG social credit score system

Guest Post by Jordan Schachtel

“Climate finance” is almost identical to that of the Chinese Communist Party’s social credit score system.

The Federal Reserve has taken a major step in the direction of facilitating an ESG compliant monetary network that effectively acts as a parallel system to that of the Chinese Communist Party’s infamous social credit scoring system.

The Fed said in a statement Thursday:

“Six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise designed to enhance the ability of supervisors and firms to measure and manage climate-related financial risks. Scenario analysis—in which the resilience of financial institutions is assessed under different hypothetical climate scenarios—is an emerging tool to assess climate-related financial risks, and there will be no capital or supervisory implications from the pilot.”

In other words, The Fed is working with the big banks to monitor their ability to comply with the ruling class’s preferred enviro statist technocratic tyranny.

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China’s ‘Social Credit’ system has arrived to America

Guest Post by Simon Black

As a journalist in China, Liu Hu was no stranger to punishment.

For reporting on corruption among government officials, Hu was arrested, accused of “fabricating and spreading rumours,” and fined.

But then one day in 2017 he suddenly found that he was unable to buy a plane ticket. The system just rejected him. He also found he couldn’t purchase certain train tickets.

Then he discovered that he was unable to acquire a loan from any bank, and even forbidden from buying property at all.

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