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Shifu

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Q: Will social credits be a black market item?

I think yes, your thoughts?

4 weeks 6 days ago in  General  - China

 
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I can see how people would want to trade in them, but don't see how you'd be able to. If you have good social credit for example and wanted to sell some to me how would that work?

I suppose a corrupt official who worked in the system might be able to sell his favours and improve people's credit or ruin people's credit.. i'd be surprised if that wasn't already happening actually.

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4 weeks 5 days ago
 
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I can see how people would want to trade in them, but don't see how you'd be able to. If you have good social credit for example and wanted to sell some to me how would that work?

I suppose a corrupt official who worked in the system might be able to sell his favours and improve people's credit or ruin people's credit.. i'd be surprised if that wasn't already happening actually.

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4 weeks 5 days ago
 
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Here is Business Insider with article on the same:

 

https://nordic.businessinsider.com/china-social-credit-system-punishment...

 

It is all about monitoring ... and (my) bigger concern is how fast will other nations implement the same system.

Everywhere cameras are installed, all it will be added to the Credit System database and punishment/ban or reward will follow shortly ... creepy!

 

Isn't this fine example of 'black market' and 'corruption'?

 

FAA (Federal Aviation Administration) 'outsourced' certification of MAX plane's automatised navigation control to producer (Boeing) ... This is no different than if Don Corleone would be trusted to investigate and prosecute criminal world ...

 

https://www.zerohedge.com/news/2019-03-19/krieger-737-max-saga-total-dis...

 

Given the plethora of information to emerge in recent days, it turns out the rest of the world was correct to distrust the FAA and Boeing. The most illuminating article on the subject was published yesterday in The Seattle Times, titled: Flawed Analysis, Failed Oversight: How Boeing, FAA Certified the Suspect 737 Max Flight Control System.

If you read one article today, that should be it. It becomes perfectly clear that both the FAA and Boeing played major roles in allowing flawed planes to fly all over the world, and it took two disastrous crashes, as well as the whole world grounding them, to finally act.

 

 

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4 weeks 5 days ago
 
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