Despite the fact that the tax dollars of all Americans were being used to backstop these financial institutions, what appears to be happening is that these financial institutions then turned around and began to weaponize their financial services in order to cut off the people with views who they didn't like.
It's beginning to look a lot like a Chinese social credit system with just a few extra steps.
And the only serious challenge to this debanking phenomenon, well, it appears to be what we saw out in the state of Missouri, wherein you had the state's treasurer use the $82 billion worth of state pension funds to essentially give the bank an ultimatum, either continue to censor Americans or keep the $82 billion in your account.
But you can only choose one.
We'll have to see whether the state treasurers of any other states try this approach as well.
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