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I have to say that as an American in 2025, this kind of news hits a little different than it used-to. In prior years, I didn't have nagging anxieties about peo
by Terr_ 1y ago
I have to say that as an American in 2025, this kind of news hits a little different than it used-to.
In prior years, I didn't have nagging anxieties about people's life savings being arbitrarily frozen/seized as a form of political retribution, or the imposition of China-style capital controls to ensure "patriotic investing."
Before anybody decries that as (still) far-fetched, consider that the federal government forced banks to drain millions from the accounts of states (NY), announced $365,000/yr "fines" on undocumented immigrants, and imposed arbitrary (illegal) import taxes while threatening companies against showing it on the bill.