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Vietnam Shuts down 86 Million Bank Accounts, The Fourth Turning & more w/ Andy Schectman
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Andy Schectman returns to the Friday Night Economic Review. First we discuss the biometric ID program recently rolled out in Vietnam and reports that 86 million “non-compliant” bank accounts were shut down. We talk plainly about what that means — who gains power, who loses freedom, and how ID systems plus payment rails can be used to enforce compliance. Vietnam is a blue print for what will be rolled out everywhere.
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Then we step back into the long view with Strauss & Howe’s Fourth Turning — the idea that nations cycle through seasons and we’re now in the last stage marked by decadence and decay.
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Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
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Disclaimer: "As a journalist, I report what significant newsmakers are claiming. I do not have the resources or time to fully investigate all claims. Stories and people interviewed are selected based on relevance, listener requests, and by suggestions of those I highly respect. It is the responsibility of each viewer to evaluate the facts presented and then research each story further
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