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Zero Hedge — “Your Pet Will Be Confiscated!”: A Shocking Glimpse Inside China’s New Social Credit System

Summary:
Singapore has had an even more "draconian" (from the US perspective) social policy than China for many years. Ever hear of it in the US media that trumpet the "Singapore miracle"?The fact is that Asians are traditionally much more social than Americans, who are the most highly individualistic people in the world. One nation's "liberty" is another's "license." This is also the case internally in the US, and it is one factor in the extreme divisiveness that the US is now experiencing socially and culturally. Even has a name — "the culture wars."There is no genuine personal freedom without responsibility, and responsibility is a social phenomenon.A friend of mine who lived in Switzerland for a while told me that he received two tickets and was fined for the infractions. The first was when

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Singapore has had an even more "draconian" (from the US perspective) social policy than China for many years. Ever hear of it in the US media that trumpet the "Singapore miracle"?

The fact is that Asians are traditionally much more social than Americans, who are the most highly individualistic people in the world. One nation's "liberty" is another's "license." This is also the case internally in the US, and it is one factor in the extreme divisiveness that the US is now experiencing socially and culturally. Even has a name — "the culture wars."

There is no genuine personal freedom without responsibility, and responsibility is a social phenomenon.

A friend of mine who lived in Switzerland for a while told me that he received two tickets and was fined for the infractions. The first was when someone came by and measured the tread in his tires and found them insufficient. The second was for leaving fruit that had fallen from fruit trees in his yard on the ground and not picking them up. In some European towns, it is also an finable infraction not to have flowers growing in the window flower boxes.

I recall being appalled being in Europe in the Sixties and being subject to show ID to police without cause. On the other hand, Europeans were shocked that Americans had to have driver's licenses and were subject to speed limits or drive with their headlights on at night.

Zero Hedge
"Your Pet Will Be Confiscated!": A Shocking Glimpse Inside China's New Social Credit System

Tyler Durden
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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