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Andrew Korybko — Will RussiaGate Result In Social Media Regulation?

Summary:
Whether preplanned or inadvertent, one of the most likely and far-reaching consequences of the fake news RussiaGate scandal is that Facebook and other social media giants might soon come under strict regulation by the state.The artificially contrived and “deep state”-driven RussiaGate scandal has been inflated to epic proportions and has already resulted in the unexpected suicide of the US’ soft power, but this never-ending conspiracy theory is now poised to affect the rest of the world in a completely different way due to the likely “regulation” that Washington might soon impose on social media giants like Facebook. “Traditional” media has long been clamoring for the American government to do something about the astronomical rise of social media, which has poached millions upon millions

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Whether preplanned or inadvertent, one of the most likely and far-reaching consequences of the fake news RussiaGate scandal is that Facebook and other social media giants might soon come under strict regulation by the state.

The artificially contrived and “deep state”-driven RussiaGate scandal has been inflated to epic proportions and has already resulted in the unexpected suicide of the US’ soft power, but this never-ending conspiracy theory is now poised to affect the rest of the world in a completely different way due to the likely “regulation” that Washington might soon impose on social media giants like Facebook. “Traditional” media has long been clamoring for the American government to do something about the astronomical rise of social media, which has poached millions upon millions of people away from newspapers and TV stations and redirected them to their smartphones instead. From the perspective of social media and many of its users, however, these people weren’t “poached”, but liberated from their prior status as a captive audience to conventional influence techniques and allowed to roam freely in cyberspace as they searched for alternative non-mainstream interpretations of current and past events....
Oriental Review
Will RussiaGate Result In Social Media Regulation?
Andrew Korybko | American political analyst and journalist studying at the Moscow State University of International Relations

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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