Thread · 2 tweets · 24 Feb 2019

I just don't put the French system which is about preventing fraud, checking that banks don't carry out unethical lending, and getting people out of excess debt in the same box as the US system which is about controlling people and incentives to spend money you don't have.

The question "what breaks" is about finding which exemptions are needed. I can find a good exemption regime for the French system, US credit bureaus can die gaping for air.