• dantheclamman@lemmy.world
    link
    fedilink
    arrow-up
    33
    ·
    1 year ago

    If I just broke contracts left and right, my credit rating would be ruined and I’d struggle to get any more financing. Yet this guy continues to leave a longer trail of financial wreckage behind him with few consequences. Our financial system is broken

    • maynarkh@feddit.nl
      link
      fedilink
      arrow-up
      14
      ·
      1 year ago

      The social credit rating system is just for poor Americans. Most people in the world don’t have a credit rating, and neither do rich Americans or big companies.