War, The Great Reset, WEF, Cashless Societies, CBDCs, Social Credit Systems - Complete Control & Totalitarian Tyranny – section (c)
This video is a follow on from the previous two videos dealing with the topics I’ve just mentioned. If you haven’t seen those videos, I would recommend you doing so before watching this one.
Let’s pick up where we left off and talk about Social Credit Systems some more.
What I have so far talked about with regard to Social Credit Systems might not seem to some to be all that terrible. But, maybe by the end of the next few videos you might have changed your thinking. Or at least, be willing to give the situation some serious thought.
reward / punishment system
As I said in the previous video, the Social Credit System can be thought of as a reward and punishment scheme.
Those people with good social credit scores will be rewarded. They will be able to get better jobs
This will mean having a decent salary and they will also probably get reductions in rent. So, they will have more disposable income to spend on things that will improve their lives. Overall, it’s likely that they will enjoy a good standard of living - certainly better than those people with lower credit scores. And their children will benefit also. They will go to the best schools and universities. This will enable them to get better jobs in the future. The family as a whole over time, could experience an “escalator effect”, moving up one floor after the other.
So, what about those with not so super social credit scores? Well, they won’t benefit quite so much as those with better scores, but they will still probably do alright. Maybe they might not be able to get the best housing, or be able to afford the nicer things in life, the little luxuries, but they will most certainly be better off than others lower down in the ratings.
Poor performance
All well and good so far you might be thinking … no big deal.
It’s likely that for people who have relatively good credit scores can live fairly well. But what about people who have relatively bad credit scores?
There are always going to be people in society who, for whatever reason, don’t perform as well as others.
I’m not going to go into the reasons why this might be especially as there would probably be as many different reasons as there are people on the planet.
Anyway, once a person slips below a certain threshold, then things could start to get very difficult for them.
People who have bad Social Credit scores will surely struggle.
Consider “credit scores” and “creditworthiness” in today’s financial world generated by companies like Experian for instance. An individual’s “credit scores” and “creditworthiness” allows a lender to determine if a borrower will default on their debt. Credit scores are calculated by a person’s credit history.
As anyone who has had a bad credit score knows, it’s hard to improve “creditworthiness”. You have to work at it and it takes time. Likewise, once you’re Social Cr
