[Wallace T.]

Red China does not keep up even a pretense of freedom. It is admittedly an authoritarian state. The EU and Britain publicly claim to be free democratic countries. But unspoken is the fact that anyone who strays outside the Overton Window of acceptable opinions is deemed an outlaw.

One advantage we have in America is that there are 4,000 banks and hundreds of credit unions. The national franchises may impose social credit scores but a customer can merely go down the street to a locally owned bank or credit union. That is much tougher in Canada, for example, because six national financial institutions control over 90% of deposits.

[kdot]

Q: don’t all banks and credit unions comply with the FDIC? Nigel said the PEP label came from the government and forced upon the banks through fees. Our government could do the same.