China reportedly made an app to show people if they're standing near someone in debt — a new part of its intrusive 'social credit' policy
[businessinsider.com]
Big brother is alive and well in China. And unless we insist on returning to our Constitutional roots, that is where we are going as well.
here in USA the number of people in debt by far outnumbers those who are not. of course this is in reference to personal indebtedness.
As for the other kind of indebtedness - every man, woman and child now living and those to be born in the distant future are bearing a heavy burden of debt foisted upon them by Government - I might even say that American indebtedness is well above 100 percent.
I am not an economist and I do not know anything about Chinas tax structure but I would be surprised in the people who live in China aren't enslaved (via tax policies) to the Communist Gov't there.