Trust is money. It is also power. Recent events may have precipitated not just an economic recession but a trust depression.
techcrunch.com/2016/04/24/the…
techcrunch.com/2016/04/24/the…
the “trust economy,” life sciences research, personalized medicine/education, the Internet of Things, personalization of goods and services—are based on individuals trusting that their data is private, protected
China's behavior and FISA abuse strike at the very heart of the "trust economy". We have become a mistrust society, keeping a 10 foot pole away from each other; in rebellion against authority who are in turn trying to put the equivalent of GPS bracelets on the world.
This is why the FISA unmasking issue, the Chinese hacking assault, the social media re-identification capability should go beyond mere partisan lines. Illegal spying is a dagger through the heart of a trust society and ultimately, legitimacy.
A democracy simply cannot survive the politicization of it's internal security apparatus, whichever party does it. More interestingly the long term economy may not survive it either.
