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RE: LeoThread 2025-01-20 13:15

in LeoFinance9 months ago

Part 6/9:

The frequently discussed social credit system in China tends to evoke either intrigue or fear among those unfamiliar with it. Sergent offers a grounded perspective, equating it to how credit histories function in many Western countries. "If you want to borrow money or open a bank account, they will check your credit history,” he explains, aiming to demystify the notion that one might be penalized for minor infractions like jaywalking.