The biggest disaster the Chinese Communist Party fears has ALREADY happened!! Xibei is facing bankruptcy and directly suing Teacher Li, and Jia Guolong is trying to run away?! 77 Talk 'Refreshing 775' 20260921

This episode explores the bankruptcy crisis facing Xibei and the reports that it intends to sue Luo Yonghao. It also delves into the general living conditions of young people in China amidst the current economic downturn and high cost of living, including phenomena such as giving up on marriage, not buying homes, and not having children, while analyzing the profound impact of low marriage rates on the stability of the authoritarian regime.

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Hello everyone, welcome to Qiqi Baba, I am Qiqi. Uh, everyone should know about this news, or perhaps some friends haven't noticed yet, which is that Xibei is going bankrupt. Uh, this matter itself doesn't actually have anything too critical, because this bankruptcy is something I think could have been expected from the moment the news broke, and given how its capital chain snapped, I think it was something everyone expected. Although Jia Guolong refuses to admit it, and he came out saying, uh, he would take responsibility for all the problems. To be honest, being able to say that proves that he has already run into a major problem. That should be linked to the company's bankruptcy crisis. But today, there is new news coming out saying that this Jia Guolong wants to sue Luo Yonghao, um, but currently this hasn't actually happened yet. Although, I find one thing very strange, which is that no matter what Luo Yonghao's motives were, or what happened subsequently, at the very least, the things he exposed about Xibei were true. First of all, Xibei is indeed pre-made food, and we as consumers certainly have the right to know. After this incident occurred, he is still blaming the person who exposed it, rather than feeling that there was anything wrong with his restaurant cutting corners from the beginning and deceiving consumers by claiming that the pre-made food was freshly made and steamed. This is very much like the Chinese Communist Party; whenever someone raises a problem, they want to eliminate the person who raised the problem, never reflecting on why they did this wrong thing in the first place. Therefore, I think bankruptcy is what they deserve, because even now they don't feel they are wrong, they haven't reflected on this matter, and they still think they are absolutely right. And regarding this matter, I actually have a thought of my own; I think Jia Guolong might try to find a way to run away later, uh, because with that capital chain broken, he must be carrying some huge debts. I don't think this person will really do as he said and take responsibility or anything like that, I think he might run. Um, everyone can place bets in the comment section, will he run or not? Let's wait and see.

Thirty-five-year-old bachelor, no marriage, no children, living alone, cooking for myself, eating by myself.

If I had to choose again, I wouldn't get married. Why would I get married?

Not getting married, not having children. How about your retirement later?

Still counting on you.

Children.

Um, no. They can't even live their own lives well, and you're still counting on them, right?

For ordinary poor people like us, not getting married is the best choice. My wife and I have been married for almost three years, and our relationship has always been quite good. Our child is now nearly two years old. Last night, I just casually asked, "If we could do it all over again, would you still choose to get married?" Our answers were surprisingly identical: neither of us would. In fact, when a couple lives together, what they argue about on the surface is their relationship, but if you break it down, most of the conflicts are actually about money.

Do you think there's any benefit to marriage?

No benefits, right? Ah, wait, there are benefits, I have to respond to the national call. Never mind me, I'm too old, let's ask the young lady.

How old are you this year, miss? Fifty-one! But look, you look like you're thirty.

My mental age is thirty.

Where are you from?

Shanxi.

Which city do you live in?

I'm a migrant worker in the service industry in Beijing.

Can you reveal your current relationship status?

Single.

So you're the old-school type who doesn't believe in marriage, right?

That's right, I don't want to be constrained.

What about your baby?

My cat baby.

Oh, what is your view on marriage?

How many times?

That's a bit of a regret, then.

No regrets.

If you could do it all over again, you would still choose it.

Yes, still the same.

Why are so many people now?

Getting married!

When.

As long as you don't get married, you don't need to buy a house, you don't need to pay a bride price, you don't need to have children, and you certainly don't need to argue every day or try to please anyone. As long as you don't get married, I avoid all high consumption; when one person is full, the whole family is fed. If I get a minor illness, I'll tough it out; if I get a major illness, I'll just go to heaven.

Slowly after.

Slowly, people of the older generation always say that our generation is selfish for not having children, but in fact, they are the most selfish ones. Yesterday, I was talking to my mom about the topic of not having children, and she said that when you get old, you will definitely regret not having children. I was very surprised, and I said, I live well on my own, why would I regret it? The reason she gave me was that when you are old and have no children, no one will feed you, no one will dress you, and no one will call you 'mom.' To be honest, after hearing these reasons, I was speechless and laughed. People of their generation generally treat children as a guarantee for old age, an emotional sustenance, and a prop for saving face. Isn't this the most selfish and realistic calculation? Who is selfish is really clear at a glance. Young people not having children is precisely because they are too responsible. Many young people consider whether they can provide their children with a good, lasting, and stable material and spiritual foundation. If this child doesn't amount to anything in the future, can they provide a safety net for their life? And not having children isn't just about that; I think it's more for oneself. Many young people's own lives are already very tight, right? If you get married and bring a child into the world, your own standard of living drops, and the child suffers along with you. I don't understand these people. What is the point of such people having children? Not bringing a life, not bringing a person into the world to suffer at will, this is called kindness, not selfishness.

It's not that we don't want to get married, it's that we really don't dare. My dad, in his early twenties, could live a stable life with just a motorcycle and two quilts. As for us, with a monthly salary of a few thousand, we have to be meticulous even when renting a room in a county town, and I have to think twice before ordering a discounted takeout meal. There are always people urging me to start a family quickly, but I know in my heart that I can't even support myself, so how can I dare to hold someone else's hand? It's not that young people are unwilling to take responsibility; it's that the burden of life is too heavy now. If neither men nor women get married, who do you think lives better?

Well, men definitely live better. As long as you don't get married, men will definitely have more money, and women will definitely have less. But whoever has more money lives better.

Why do men have more money and women have less?

Because women's consumption is not rational at all. Look, these five or ten yuan fast food meals are all eaten by men.

Yeah.

Ah, you almost never see women eating them. And look at those twenty-something yuan milk teas outside, they are almost all women in line.

Yeah.

Then the price of one cup of milk tea is equivalent to a man's daily food budget. So how could women possibly live more freely and better?

Mom said something today, she said: "You don't get married, you don't have children." On the child.

Then, as a beast of burden myself.

I find another beast of burden, we both give birth to a little beast of burden, and then we, a family of three beasts of burden, live a happy and joyful life? Can we? No.

Not having children means you are living for yourself, and having children is for human development. With the social background as it is, what will you eat if you raise kids? What is your source of livelihood? When the child grows up, all these cram schools and classes—sigh, actually that is a form of exploitation of the poor. For example, years ago my child couldn't get into a public kindergarten at all, so we went to a private one run by a community, which cost 3,200 per month. I ask you, how much is that over three years? You only have this little money a month, yet you still have to send them there. Some people show off, saying our kids are learning foreign languages, costing over 20,000 yuan a year—I just smile at it. I think it's just a poor man's coping mechanism of finding joy in poverty. You work hard for twelve years, and what happens when you graduate? Does society need him? Now it's the era of smart AI, how many people does it actually need? I think the family planning policy back then was good only in that it let me have just one. If I had several children now, I would have to set them up in life, buy them several apartments, and how many cars? The several apartments I have now, I would have to divide among several of them, and if not divided well, brothers would fall out, so having an only child is quite good. The maternity ward of a county hospital with a population of 400,000 is completely empty.

Money arrives all the way. Do you think young people should take out a mortgage to buy a house? What is spending money for? To make you happy, can a housing slave be happy? The housing issue is simple: buy if you have money, rent if you don't, it doesn't matter. Can't you still rent after starting a family? Why not? The house belongs to someone else, but life is our own. No matter whose house it is, just tidy it up nicely and make it comfortable to live in. When our daughter got married, she rented a place, and we made it look great, full of high tech: heated toilet, massage chair, talking speakers, and wallpaper TV stuck right on the wall.

Immortals.

Giving a painting, looking at it makes you feel vindicated. Are you happy or not? It doesn't depend on whether you buy a house or not.

Ah.

The key is to look at how your daily life is going. Let me tell you, don't listen to those old folks talking nonsense; if you don't listen to the elders, you save yourself years of trouble. To tell you the truth, I won't pay—some people have a maximum lifespan of only twenty years, but a mortgage lasts for thirty years, so I am definitely not buying a house.

My dear brother, absolutely do not buy a house, you will regret it the moment you buy. Your aunts and elder female relatives will definitely urge you, if you don't buy a house, won't you lose face? You go back at them: I'm not getting married, with the divorce rate so high, why should I get married? After you get married, the aunt comes out and says, you should buy a school district housing, so your child can go to a good school in the future? You just tell her how painful giving birth is, I feel bad for my wife. You will definitely have people around you who have bought many houses saying, hey, you should buy a house now. You missed out on the dividends in 2019, why aren't you buying a house now? If anyone else urges you to buy a house, you just tell them: so what if I don't buy a house? Isn't it great to live for myself? Don't care about other people's opinions, just mind your own business and that's it.

Sisters, our adult life is simply too exciting! The moment you open your eyes you have to spend money, you spend money eating out, you spend money cooking at home, water costs money, electricity costs money, gas costs money, turning on the light costs money, turning on the faucet also costs money. Every single switch you turn on at home costs money. School costs money, hospitals cost money, eating, drinking, shit, and piss are all money. If you don't buy a house and stay in a hotel it costs money; if you buy a house, property management fees cost money. If you don't buy a car, buses and taxis also cost money. If you buy a car, parking fees and gas money also cost money. The kid opens their mouth and asks you for money, parents open their mouths and ask you how much you earned. The moment you open your eyes you go out to make money, the moment you close your eyes you think about how to save money. Listening to music costs money, watching videos costs money, even the sunlight now requires extra charges. If you buy a house facing the sun, you might not even get to bask in it. The sun hasn't started working yet, and you've already gone out to be a beast of burden. The sun has already set, and you still haven't come home. If you want to sunbathe in winter, asking for leave will dock your pay. Living, eating, drinking, shitting, and pissing are all money, even dying and finding a plot of land to be buried in costs money. You need money alive, you need money dead, and being half-dead is still because of money.

Can you hold on? Me.

I can hold on, can I still hold on? I can hold on! I'm asking you if you can still hold on?

I can hold on, I can't hold on, what should I do? Life played a trick on me, so painful that I have nowhere to hide! When winter comes to my hometown, after the train arrives, childhood's.

The wind is blowing past. Do you know why wages are getting lower and lower now? The economy is one aspect, but more importantly, bosses have found a money-saving trick. What do they play? It's sharing stocks—what does that mean? It's a single position, where the work is meant for one person, yet they insist on hiring three people to do it, and the salary for one person's market rate is split among the three of them. Then they watch you engage in involution, whoever rolls the hardest gets a bit more, and the remaining two are forced to resign voluntarily, while the company doesn't have to bear any compensation.

The current cost of living plus social insurance will literally kill a young person. In Dongying, a fresh graduate might only earn between 3,000 and 3,000 to 5,000 yuan, having to pay for rent and food themselves, while also setting aside nearly a quarter of their money just to pay for social insurance. They feel like this little money is not even enough to live on, so why bother paying for social insurance?

Don't fall, don't fall, dip in the soup, humorous dip in the soup. Nowadays, this money is hard to earn, the situation is bad, cooperative medical care has risen to 400, and this corn is only 0.40 yuan a catty, let's dip it in the soup and eat, let's dip it in the soup today, dip it in the soup tomorrow, the day after.

Suddenly, I realized that going to work is the most expensive thing. Going out to work, rent is over 1,000 yuan, and every day going to work without eating is not an option. In the morning, you have to spend a few yuan to buy food, at noon you have to spend money to buy food, and in the evening you have to spend money to buy food. After working for a week, feeling tired, you have to go out to celebrate again and eat something good. When it is cold, you have to go out to work, and you have to buy thick clothes. Work clothes will wear out, and not buying new clothes is not an option. Work pressure is too high, and if nothing else, you get sick and have to spend money to buy medicine and see a doctor. After I lay at home, I didn't have to pay rent, saving over 1,000 yuan a month. Eating means buying vegetables and cooking yourself. Do you know how cheap vegetables are? And what is even more outrageous is that the vegetable market at home is even cheaper than the vegetable markets in big cities. Before, when I was working, it was painful not to eat a single meal, I was so hungry. Because at that time there was physical labor, now it is much better, doing nothing at home, missing two meals doesn't matter, at home I just feel like I don't lack anything, don't need to buy anything, fundamentally have no desire to consume, and really spend no money, even if I spend money, it is particularly little. I think about when I used to work odd jobs, the monthly rent alone was 1,500 yuan, and then there were other odds and ends, which meant saving zero money in a month. Now that I am at home, I can't even finish spending 1,500 yuan in a month.

Personally, I think that when it comes to working, we have had no progress or improvement at all in the ten-year period. Ten years ago, entering the factory meant twelve hours, and now it is still twelve hours; ten years ago, social insurance and housing fund were not paid, and now they are still not paid; ten years ago, there were no two-day weekends, and now there are still no two-day weekends; ten years ago, food and lodging were not included, and now they are still not included. There is simply no progress. Every day the news reports sound so nice, artificial intelligence is so fucking awesome, electric vehicles are so leading, manned spaceflight and military equipment surpass the whole world. But what do these things have to do with ordinary people? Isn't researching science and technology supposed to serve everyone? Yet it hasn't made our working hours shorter or our incomes higher; instead, there are now more and more twelve-hour, two-shift systems. I can even say it is even more tiring than before, because ten years ago there were almost no two-shift work systems. How much is your daily living expense?

How much?

My living expense now is kept within 40 yuan a day, you know? In the morning, I basically don't eat. Sometimes, if I do eat, I buy a steamed bun, ah, 2.50 or 3 yuan a bun. Then, I have mineral water at home, just eating a little less in the morning is fine. Then at noon, it's a boxed meal, and the boxed meal is 15 yuan. If I bought a pack of cigarettes today, then in the evening I'll restrain myself a bit, you know? Sometimes coming back at night, I soak instant noodles, or crunch on dry noodle snacks, and drink a bottle of beer. The beer is ah 25 yuan per case, a case is 12 bottles, which is just a little over 2 yuan each, right? Therefore, there is no way, this is forced by life. Because everyone's life is different, and everyone's experience is different, right?

I am fucking collapsing! I don't know what is wrong with this society nowadays, when can this fucking bitter life ever see an end? Making money all year round is nowhere in sight, not even fucking Chinese New Year money, and I still have to rack up some penalty points. I don't know when the fuck this kind of life will end, I can't see a single bit of fucking hope. I've truly had enough of this, earning some money all year round only to give it all to hospitals, schools, and banks, and then I still have to be in debt, still owe them, and still have to pay them interest. This kind of life fucking has no end, I can't see any hope.

Truly a great way of serving the people! With the unemployment rate so high, the cost of living so huge, everything is rising in price, tuition is rising, vegetables are rising, utilities are rising, medical insurance is rising, tuition is rising, and only wages are dropping instead of increasing. How many families have to spend today what they earn tomorrow? The common people's lives are going through such deep waters and scorching fire, how come you just can't see it? How many people save a little money just for the Chinese New Year, only to end up spending it all at the hospital like me? Look, good health is saving money. I hope that you, who see this video, will pay attention amidst your busy schedule.

Health.

Low base wages have become the root cause restricting the long-term development of ordinary people. Do you work overtime? How much is your base wage? If you only earn a base wage, can you support your family? Take Shanghai as an example: the base wage for typical frontline laborers is 2,690, because the minimum wage standard in Shanghai is 2,690. This base wage is so low that it is a problem even to survive in Shanghai, forcing people to rely on working overtime to earn more money. But once you start working overtime, all thoughts of a life—getting married, buying a house, raising children, consuming and enjoying life—are completely out of the question. With no money and no energy, who would dare?

Jump into the fire pit.

Why are workers now being exploited to this extent? Why don't you collectively go on strike to resist cheap labor? The reason is simple: because there is always someone willing to sell their labor at a lower price. For the same job, if you can't do it for 3,000, there is always someone who can do it for 2,500; if that doesn't work, there is someone who will do it for 2,000. Enterprises are constantly testing the bottom line of us workers. As the saying goes, if you don't do it, there are plenty of people who will. Ten years ago, working in a factory screwing bolts for eight hours a day, you could take home 5,000 yuan. Now, working twelve hours a day in two shifts, the wages are not as high as before, and you can't even get 5,000 yuan. Even so, factories can still recruit people every day; there is no lowest wage, only lower. Let alone striking, if you don't work for one day, you can't even support yourself, let alone support your elderly parents and young children.

Currently, 71% of men born after 1995 are unmarried. What does that mean? It means that out of ten people, seven are still unmarried. This is a very terrifying fact, my friends.

Brother, in the current environment, if you haven't bought a house, you've won; if you haven't bought a car, you've won; if you don't buy gold or silver, you've won; even if you get married late, you've won. Anyone with a bit of ambition or a refusal to admit defeat has been blacklisted. In just these few years, those who are unemployed, bankrupt, in debt, or divorced have all appeared. With this kind of cliff-like drop, you should be thankful if you haven't developed a mental illness. So brother, stop being anxious and just live well.

Underground Sentry.

Working, getting married, buying a house, having children, and then living a stable life as a family is being shattered bit by bit by reality. Young people earn a few thousand yuan, while rent, food, transportation, social security, and medical care all cost money. Yet, work is becoming increasingly involuted, overtime is increasing, and income is not necessarily rising accordingly. Some people bluntly state that ten years ago, working in a factory meant twelve hours; now it is still twelve hours. Previously there were no two-day weekends, and now there are still no two-day weekends, or even two shifts. Low wages have become the daily routine for many ordinary people. Greater pressure comes from marriage and housing. Marriage means houses, bride prices, children's education, and long-term expenses. For young people who cannot even support themselves stably, getting married and having children is no longer just an emotional issue, but a huge expense that may last for decades. Some even feel that not getting married, not buying a house, and not having children can actually reduce a lot of pressure. The most heartbreaking thing is that falling housing prices, stagnant wages, employment pressure, and rising living costs are not isolated problems. When young people discover that hard work does not necessarily lead to a better life, that buying a house may result in losses, that marriage may lead to heavier burdens, and that having children means long-term investment, more and more people are beginning to rethink the so-called standard life. From not daring to get married to not daring to buy a house, and then to not daring to have children, what is reflected behind this is actually the increasingly cautious attitude of ordinary people toward the future. Once, everyone believed that as long as they worked hard, life would get better and better. Today, for many, the most realistic wish has become to have less debt, spend less money, keep their jobs, and just get by for now.

There are currently two very important and serious issues in China, yet the level of discussion surrounding them is declining. One is real estate, and the other is the marriage rate. Relatively speaking, unemployment currently has the highest level of discussion. On one hand, the Chinese Communist Party (CCP) is indeed suppressing news regarding marriage and real estate; on the other hand, Chinese people have become somewhat numb, feeling that no matter how much they talk about it, nothing will change, so they just pretend these problems do not exist. If unemployment were not so closely tied to putting food on the table, I suspect no one would care to discuss it now either. However, we must understand that a low marriage rate is the most serious problem for the CCP; it is even more frightening than a real estate collapse or a surge in unemployment. I need to clarify this point: in developed countries and free, democratic societies, the unemployment rate is the number one killer, that is beyond doubt. But for an authoritarian state, the fact that the marriage rate is completely failing to meet targets is what they fear most, especially the extremely low marriage rate among young people of marriageable age. This means many people are solitary individuals, which in turn means the stability of this society will be greatly reduced. Just look at the annual expenditure the CCP spends on stability maintenance (weiwen), which is even greater than its military spending, and you will know what the CCP cares about most and what it fears most, right? Where the money is spent is where your heart is. Therefore, what the CCP fears most is the loss of social stability, because while authoritarianism looks strict and solid, it is actually a paper tiger. Once this society loses stability, its entire ruling apparatus will immediately collapse. So, although they do not say it out loud, in reality, given the current views on marriage among young people in China, the CCP is likely so worried that they are losing all their hair. This is why a leader came out and said that the current views on marriage and relationships among young people are very incorrect and must be corrected. This is also why they have been simplifying marriage procedures, and it is even the reason why you can now see marriage registration offices at subway entrances in China. I think the next step might be to lower the legal age for marriage, and I do not think that day is far off.