A Once-in-a-Century Event Happens Every Year! The Truth About CCP Disaster Relief Is Issuing Debt: Zhengzhou Spent 53.4 Billion on Sponge City Projects, Yet 380 People Died or Went Missing When the Rain Came; Only 32% of the 1 Trillion Disaster Relief Bonds Can Be Accounted For, Where Did the Other 68% Go? A New Trillion-Yuan Debt Is Already on the Way for Q4
This video explores the systemic truth behind the frequent, severe flooding across China and how the CCP uses disasters as a pretext for issuing debt. By analyzing the waste of funds in 'Sponge City' pilot projects and historical lessons like the Zhengzhou rainstorms, it exposes how massive disaster relief bonds and special funds are diverted by local governments to repay debts, maintain operations, and fund vanity projects, while projecting the trend of the CCP potentially issuing another trillion-yuan in disaster relief bonds in the fourth quarter.
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For China today, the only remaining significance of disasters is to use them as a pretext for issuing debt. And frankly, to speak the truth, the people who died in these disasters died so unjustly—even more tragically than Dou E.
Observe things as they are, reject fragmented cognition. The scope and intensity of this year's disasters in China can be described as unprecedented. Let's look at what is happening right now: in early July, the heavy rainfall brought by a typhoon completely devastated Guangxi. The Liulan and Yunbiao reservoirs in Hangzhou suffered consecutive dam breaches; 14 cities and 63 counties are currently affected, with 370,000 people submerged in water. The CCP's official statistics claim only 6 deaths and 11 missing. But as soon as you look at the situation on the ground, you immediately know that the CCP is fucking dreaming again. Let's look at one snippet to prove how fake the CCP's data is. This is a villager in Gantang Town calling for help on an overseas platform: 'Officials, please help boost this, there is really no rescue, not a single rescue team, not even supplies.'
Gantang Town, Binyang County, take a look.
'It's already flooded to the third floor! Almost to the third floor.' What is he shouting? He is shouting that the water has reached the third floor and there is absolutely no rescue. Seeing this, everyone should understand how absurd the water levels are, right? What's even more absurd is that the CCP's disaster relief is even more fucking absurd than the water levels. In the same week, many parts of Hubei suffered tornadoes and severe convective weather; the CCP reported only 11 deaths and nearly 5,000 damaged houses. This ratio is not normal at all. I'll tell you why in a moment. Furthermore, it's not just the vast southern regions; even Anshan and Fushun in the Northeast are experiencing heavy rainfall. Two days ago, the main roads of the entire city were covered in water. I looked at it and couldn't tell where it ended—do you know? It was almost submerging the driver's cabin of the buses. Yes, it's that exaggerated; this is on the main roads. Not only that, the entire disaster situation continues to ferment. But today, my main focus is not just reporting on the disaster; I need to settle a score with the CCP in advance, following the script of 2023.
If the disaster situation during the main flood season continues to escalate, there is a high probability that in the fourth quarter of this year, the CCP will push out another trillion-yuan level of national debt in the name of disaster relief or disaster prevention and mitigation. This is a high-probability event, and this is not a prediction; it is a deduction based on the black-and-white reports from the National Audit Office over the past three years. Today, let's look at the names under which the money is borrowed, what it is used for, what position the disaster victims actually hold in this entire fiscal chain, and how large this round of funding will be this year. I can say this: for these CCP bastards, from disaster prevention to their fucking disaster management, what is a disaster to these scumbags? It's just a pretext—a pretext to swindle money. From the so-called disaster prevention, they have been swindling all the way. Let's first look at how the CCP swindles money in disaster prevention. Let's look at how this pretext is designed. Everyone has heard of the 'Sponge City' concept, right? Actually, this concept didn't just appear recently; it was proposed in 2012, and then in 2014.
What about the Ministry of Finance, the Ministry of Housing and Urban-Rural Development, and the Ministry of Water Resources? They jointly issued a document to launch a pilot subsidy program. How do they subsidize? Municipalities directly under the central government get 600 million yuan annually, provincial capitals get 500 million, and other cities get 400 million, provided for three years. Then, if the PPP model is used to meet the standards, an additional 10% is awarded. There were 16 cities in the first batch and 14 in the second. Then, in 2020, they came up with a new scheme: as long as they engage in this 'Sponge City' project, the fixed subsidy per city was raised to 700 million to 1.1 billion yuan. The construction cost standards were even more ridiculously expensive, ranging from 100 million to 150 million yuan per square kilometer. Just in the five short years from 2016 to 2020, how much money was siphoned off by this concept alone? 1.2 trillion to 1.8 trillion yuan. And from 2020 to 2030, it is estimated that they will fucking scam another 4.7 to 7.1 trillion yuan. For local governments now, what is this? Isn't this just a pre-arranged withdrawal slip? Let me tell you how these CCP bastards engage in arbitrage. Look at how the CCP plays this game. Let's take the 'Sponge City' projects that are all over the streets of the CCP.
What's inside them? Rainwater harvesting, pipe network expansion—almost all of them are pure public utility projects. These projects have a characteristic: they have no market-based profitability, and a recovery cycle starts at ten or even twenty years. However, local urban investment companies package the renovation of old drainage systems or the expansion of sewage plants—traditional infrastructure—and wrap them in the guise of a 'Sponge City,' creating a grand PPP project pool. Then the local government starts working, using service procurement and hidden 'drawer agreements' for fixed returns to fabricate revenue. Why fabricate it? To fabricate cash flow. The purpose of fabricating cash flow is also very clear. Exactly, it's to leverage matching loans. This can also directly bypass the regulatory process for bond issuance and overdraw future fiscal revenue in advance. To put it bluntly, what is inside this ecological packaging? It is disguised debt. Well, now.
The CCP has borrowed the money and scammed the banks. If you really want to say something, even if you took a little bit to do something practical, that would be fine; at least fewer people might die when a disaster strikes. But Zhengzhou provided the standard answer for this mechanism. Do you know what year Zhengzhou became a pilot city? Zhengzhou was already a pilot city in 2016, a pilot for this 'Sponge City.' According to the plan, by 2020, a cumulative total of 53.48 billion yuan had been invested in this 'Sponge City' project. The engineering investment in the main urban area alone was 47.1 billion yuan. And the result is something everyone has witnessed. In the catastrophic rainstorm on July 20, 2021, 398 people died or went missing in Henan Province, and Zhengzhou city alone accounted for 380 of them. At the same time, the CCP sent police to guard the subway entrances until now, because there were simply too many people who didn't make it out of the subway at that time. The reported casualty figures were at most a fraction of the reality.
Then, around July 20th every year, the CCP's police go to block and harass the public who go to the subway entrances to mourn the victims. This is the CCP's way of disaster relief. The CCP's police are fucking omnipotent now; they can do anything. Not only can they 'save' the economy, but they can also 'save' from disasters. These police are all like 'Benbaba' (a demon character from Journey to the West), and that's what they are. Just look at these police; they take the fucking salary of Benbaba and do the work of trying to kill the Tang Monk and his disciples. Awesome, right? These CCP police. In that one incident in Zhengzhou, the direct economic loss alone was 120 billion yuan. If you add the money for the 'Sponge City,' it goes straight to 200 billion. Even when Zhengzhou's land finance was at its peak, its annual fiscal revenue was only about 120 billion yuan. And after this matter was exposed, guess what happened when they audited it? Of the funds already invested in the 'Sponge City,' less than 30% were actually related to the 'Sponge City.' And what was most of the money used for? Planting trees and flowers. Just for landscape greening,
the money accounted for 56%.
So, Zhengzhou's 'Sponge City' was actually just fucking building flower beds. And Zhengzhou is not an isolated case; it is the norm, or an impression of other local governments. Back then, local governments fought tooth and nail for this 'Sponge City' label. And coincidentally, several of the places that fought to be 'Sponge City' pilots are now soaking in water. Changde city alone claimed to have received over 1.2 billion yuan in national subsidies, and Nanning claimed it could get over 1.65 billion yuan in subsidies in three years. Now both of these cities are soaking in water. Just for these first 16 pilot cities, the subsidies alone were on a scale of tens of billions. Now let's verify the actual results. In the first half of 2024, according to China's own data, rainstorms, floods, and geological disasters affected 14.34 million people nationwide, with 230 deaths or missing persons, and losses of 59.2 billion yuan. Then, in late July 2025, a rainstorm in Miyun, Beijing, and Xinglong, Hebei...
Severe torrential rain, combined with Xiongan which was built to protect that fucking idiot, didn't he change the flood discharge outlet? This directly resulted in 198 deaths or missing persons, and losses amounting to 76.83 billion. Money is distributed every year, and floods happen every year; this curve itself is an audit conclusion. So now, we need to understand one thing: why do local officials of the Chinese Communist Party (CCP) dare to fucking misappropriate disaster relief funds? Let's look at what? Let's look at the real evaluation priorities of local officials. What is currently ranked first? It is political loyalty to that fucking idiot's construction. What is the second priority? It is resolving debt and avoiding systemic financial risks. What is the third? It is absolute stability maintenance (weiwen). Among these, whether it is people's livelihood or disaster relief, you simply cannot see where it ranks. Therefore, the misappropriation of disaster relief funds is an inevitable result of the entire incentive structure. Then there is another problem, which is that the CCP has now completely blocked all grassroots spontaneous disaster relief channels. It's one thing if the CCP doesn't even finish the job with money, but hey, even grassroots self-rescue is not allowed.
At the time of the floods in Zhuozhou, Hebei, didn't a large number of private rescue teams from other provinces with their own assault boats come to rescue? As a result, they were stopped at the highway toll station and simply not allowed to enter. Because according to the CCP's regulations, if you dare to conduct unauthorized disaster relief, this will not only not count as your merit, but it will also count as your crime. The CCP's disaster relief process is now so fucking absurd. Let's take a look: if you want to go for disaster relief, what must you do first? You must first apply for an invitation letter from the emergency management department of the incident location, and then report to the local jurisdiction. Only after approval at two levels can you enter the water. The internal notice of the rescue team very clearly wrote one thing: without an invitation from the provincial department, rescue docking will no longer be arranged under any circumstances. What is the instinct of the CCP bureaucracy? Why aren't you allowed to enter? To put it bluntly, they are trying every possible means to do one thing, which is concealment plus fabrication. You see, just in case the real situation is exposed on-site, according to the CCP's political rules of keeping things under wraps counts as merit, and failing to do so counts as dereliction of duty, their optimal strategy cannot be to...
Is it really solving the problem? To be honest, this bunch of losers has no ability to solve problems. But the intention and ability to scam money upwards by using an excuse are still there. OK, once this purpose is established, what is their methodology? It is to suppress the flow of information at the bottom, which is considered their merit. Now, the channels for post-disaster claims have also been completely welded shut. What is the situation in the south? I am not very clear, but for disaster victims in the north, many of their final compensation channels are what? Petitioning. Hey, now it's fucking great, the rules have changed. Now going to Beijing to petition requires a certificate from one's own province, otherwise it will not be accepted. What kind of approach is this? Isn't this just like the court saying, What unruly commoner dares to accuse this official? Damn, even this approach has come out. In other words, the channels for the public to finally bargain with the local government no longer exist. Let's take a look at a series of direct losses suffered by the disaster-affected masses. Let's first present the disaster losses for 2026 directly. This is the CCP's own data: in the first quarter, the direct economic losses from natural disasters nationwide reached 1.041 billion, and in April 4.188...
Billion, in May it directly rose to 2.08 billion, with 95 dead or missing persons. May alone was close to 20 times that of the first quarter. Then in July, dams in Guangxi collapsed one after another. Hey, there is a reference system for this, and the reference system is 2025. The direct economic losses for the whole year of 2025 were 241.6 billion, and the number of dead or missing persons was 763, among which the main flood season from June to August accounted for 70% in a single quarter. If we make an inference based on the 2025 data, the total losses for the whole year of 2026 will still likely remain above the 200 billion level. The main flood season has just begun. Hey, let's not say anything else, just look at the data broadcasted by the CCP. I wonder if you all notice any problems? Their propaganda narrative is: heavy losses, light casualties; heavy rescue, light accountability. Just look at the format of their official releases; it is always direct economic losses of so many billions, plus the emergency transfer of so many people, plus rescue forces responding to the call. Hey, it is always this format.
As for the accountability of public engineering quality and the verification of death numbers, these pieces of information are close to zero. Let me tell you, disasters are actually a testing ground for information density. From here, you can see to what extent official CCP information has deteriorated. In fact, whether it is floods or droughts, as long as the information propagation rate is fast enough and the information density is high enough, disasters themselves can actually be resolved. What is most feared is secondary disasters under information blockade; this is the most terrifying thing.
Let's look at this curve of information density. Ten years ago, there was still independent space for disaster investigation. Look, take the southern flood in 2016 for example: at that time, 56.08 million people were affected in the Yangtze River basin, with economic losses reaching 166.1 billion. Back then, financial media and Southern Weekly could still conduct in-depth accountability reporting in the disaster-stricken areas. Then, during the heavy rain in Beijing in 2012, 79 people died, and the media at the time could still verify the list one by one. Ever since 2018, the entire curve has started to take a sharp dive. Take Zhengzhou in 2021, where the CCP directly covered up the death toll. What else? Zhuozhou in 2023: that fucking Emperor You Xi, in order to protect that millennium grand project, just fucking went all out, directly flooding hundreds of thousands of Hebei residents, while silencing all public discussions. Come to this 2026 incident, a villager in Hangzhou was shouting for help—shouting for help to the outside of the wall, while what was the internal narrative? Well, Guangxi's government boasted to the skies about their fucking quick response and emergency rescue, which ended up forcing the villagers to shout for rescue outside the wall. This drop in information density is not gradual; it is a cliff-like plummet. This combination of information blockade and face-saving has a particularly sharp historical mirror image. This mirror image is the Holodomor in Ukraine from 1932 to 1933. That is why I say that an information disaster is the greatest disaster. Let me briefly tell you how the Ukrainian Holodomor came about. In 1932, what was the official grain production reported by the Soviet Union? It was nearly 69 million tons, but what actually grew in the fields was only 55 to 60 million tons. That extra 10 million-plus tons of grain only existed on paper, yet the procurement quotas were issued based on those paper figures. Then the fucking absurd scene happened: these Soviet grain station cadres took a fictitious figure and went to truly failing crop villages to collect grain. If they couldn't collect enough, they dug up cellars, pried up floorboards, and hauled away all the farmers' winter seed grain. So why wasn't the production enough? Because this quota was entirely brainstormed by that bastard Stalin, and he didn't think the statistics were fake; without even verifying them, he brainstormed and claimed that kulaks and counter-revolutionaries were hiding in these villages. Sounds familiar, right? It's completely a digital twin to the CCP from 1958 to 1962. And what did Stalin do? He started violent grain requisition. What is the instinct of farmers? Their instinct must be to flee famine. At this point, the Soviet Union's second machinery started to roll. At the end of December 1932, the Soviet Union implemented a domestic passport system; farmers were not issued passports, which was equivalent to nailing people to the land with a single piece of paper. Then on January 22, 1933, Stalin and Molotov jointly signed an order sealing the borders of Ukraine and Kuban, sending troops to set up checkpoints at intersections, and capturing all starving people who came out to look for food back into the villages. This created a situation where people couldn't get out and news couldn't get out—the exact same thing the CCP is doing today by sealing disaster area roads, deleting posts, controlling comments, and blocking information. And right at the time when Ukrainian farmers were being starved to death in batches, what was the port of Odessa in the Soviet Union doing? Hey, if you stood at the port of Odessa back then, you would see a super magical scene: train after train of grain carts being loaded onto ships preparing to go to sea. The answer figures are right there: at the height of the famine in 1932, the Soviet Union's grain exports reached 1.73 million tons, and in the first half of 1933 alone, 354,000 tons were shipped out. Calculated at one kilogram of grain per person per day, this was enough to feed nearly 2 million people for half a year. Some economists have also tallied the total account: all the exported grain was enough to feed 5 million people for a full year. How many people died in the Ukrainian Holodomor? 5 million to 7 million, and radical figures even say 10 million, so this is a very conservative estimate. The darkest part is that in June 1933, 28,000 people died every day—one every three seconds. The point of this analogy is not that China is currently creating a famine, but that the CCP has fucking done every single one of the above elements. Look: fake reports? Yes. Sealing borders? Yes. Grain ships leaving port? Yes, though instead of grain ships, it's showy vanity projects. Hiring reporters? Yes. Look at that overwhelming coverage. As long as these four things are put together, it is bound to be a secondary disaster, because this is the primary medium specifically responsible for magnifying a controllable crisis into an uncontrollable disaster. Secondary disasters under this kind of information concealment will be even more violent than the disaster itself.
Now, let's return to the topic of money—specifically, how the CCP uses disasters to make money. Do you remember on October 24, 2023, when the Standing Committee of the National People's Congress approved the issuance of an additional 1 trillion yuan in special treasury bonds? At the time, the stated purpose was very high-sounding: it was for post-disaster reconstruction and disaster prevention and mitigation, with a focus on the Beijing-Tianjin-Hebei region. The deficit for that year was then increased from 3.88 trillion to 4.88 trillion, and the deficit ratio jumped directly from 3% to 3.8%. They claimed that 500 billion would be used that year, and the remaining 500 billion would be carried over to the next year. Among the eight major categories, water conservancy accounted for more than half. So, how has this 1 trillion been spent? Or rather, what did the money actually go to? The CCP's own National Audit Office provided ironclad evidence in its June 2025 report. This audit report revealed something: it sampled the flow of 206.6 billion yuan across thirteen provinces. Let's look at what these local CCP governments have been doing. 32.4 billion was left idle after being allocated or was misappropriated. Ten provinces falsely claimed 115 projects that would not be completed until 2025-2028 as projects for that year; just from this, they siphoned off 26.7 billion and let it sit there to collect interest. Thirteen provinces directly violated the principle of using funds for their designated purposes, with 5.7 billion being directly diverted to repay loan principal and interest. Others used it to pay for the 'three guarantees' (guaranteeing basic living, basic wages, and basic operations), or invested in projects that were not on the approved list. There was also illegal bidding for 120 projects in twelve provinces, and corner-cutting and lowering of standards for 50 projects in nine provinces. You have to realize that out of this money, over 7,800 projects were arranged for water conservancy alone, and this is the shitty result. Can you guess how much of this 1 trillion, once issued, could actually be accounted for? Less than 32%. In other words, 68% of the money disappeared into thin air. Interesting, right? And this misappropriation is not limited to just one area. Let's look at what the money actually fucking went to. In nine provinces, 92 regions misappropriated 60.8 billion in special funds, which went toward the 'three guarantees' and state-owned enterprise debt. To put it bluntly, it was just to cover the bad debts of local government financing vehicles. Then, 15.68 billion of the ultra-long special treasury bonds for the 'two heavy and two new' projects was falsely listed and squeezed out, with 7.06 billion going directly into the 'three guarantees' to pay wages. Furthermore, 110 counties misappropriated 4.089 billion in compulsory education funds—to do what? To pay off debts. Another portion wasn't for debt, but to build school campuses and office buildings. Thirteen provinces, defying the Social Insurance Law, directly misappropriated 40.626 billion from urban and rural resident pension insurance to pay off debts and cover operational costs. Sixteen provinces and 175 counties withheld 4.146 billion in agricultural subsidies, again to pay off debts. Farmer subsidies are on average delayed by a year and a half, with the longest delay being nine years—meaning by the time the money arrives, the kids have already graduated from middle school.
Even the CCP's Ministry of Finance admitted to something, though they put it very euphemistically. What did they say? They said that the immense pressure on the 'three guarantees' and debt repayment in some regions was the direct cause of the misappropriation. This isn't just 'some regions'; whenever the CCP says 'some,' it's basically a very, very widespread phenomenon. Translated, it means that at the grassroots level, they can't even pay civil servants' salaries anymore. Any special fund that lands is like Tang Monk meat—if you can grab it, you definitely will. And now, looking at the macroeconomic environment of 2026, it has deteriorated much further than in 2023. The central government's statutory deficit ratio alone was pushed to 4% at the beginning of the year, with a scale of 5.89 trillion, a historical high. Where is all the incremental pressure? It's all being pushed onto the CCP's central government. The volume of ultra-long special treasury bonds at the beginning of this year was 1.3 trillion, with 300 billion injected into major banks and 4.4 trillion in special bonds; the tools have all been exhausted. However, local land finance continues to collapse. Revenue related to land sales in 2025 had already started to decline from the 2021 peak. In the first quarter of 2026, it fell by another 24.4%. Land finance is now completely dead. In 2020, land sale revenue accounted for 36% of total local government revenue; now, it has dropped to less than 3%. Something else is happening right now: the CCP's audit just disclosed that some counties are not allowing qualified platforms to falsely withdraw from the list. This is the central government trying to shift the blame, making local governments bear the bad debts themselves. But local governments have only one choice: to default. Another thing is happening, also disclosed by the CCP's own audit report: these county governments are now using administrative orders to borrow bank loans to repay their hidden debts. So the situation is clear: the disaster is getting worse, and county-level finance is basically paralyzed. Xi Jinping still wants to keep shouting his slogans about loyalty. When you stack these three things together, it's fucking never been good, and it's the same in every country.
So now, the CCP Central Committee has fully sufficient motivation to replicate the 2023 script: using the political legitimacy of this disaster to break fiscal constraints once again. Nominally, it is for disaster relief, but in reality, it is to extend the lives of local governments. In 2023, the CCP's local governments were already unable to function, and now, it is even less effective. Let's do a simple scale deduction. Although China has not made any announcements or commitments so far, the CCP's behavioral patterns and paths are all on the table. I think the most conservative scenario is to copy 2023, which is to issue another trillion-level so-called disaster relief bond in the fourth quarter. But considering that the current situation is much worse than in 2023, and considering that local finances are in a much more critical state than in 2023, and the scale of economic reconstruction involved is far larger than that of Hebei back then, I think the aggressive scenario is a bond issuance range of 1.5 trillion to 2.5 trillion. In fact, we don't need to look at anything else; just see if those fucking idiots on the Politburo Standing Committee hold a special meeting on post-disaster recovery and reconstruction. The meeting on August 17, 2023, was the prelude to the bond issuance. Another thing we need to look at is the amount of direct economic losses nationwide from June to August; if it exceeds 150 billion, it will be close to the level of the same period in 2025. At this time, the probability of the CCP continuing to issue bonds will increase significantly. The things the CCP is doing now are fucking conscience-less to the extreme. I don't know if you have ever seen someone shearing sheep? Sometimes, in more malicious places, they specifically choose rainy days to shear the wool. Why? Because when the wool is wet, it weighs more. Look at how the CCP is shearing the wool now; they specifically target disaster-stricken areas. Isn't it the same thing? For China today, the only remaining significance of disasters is to use them to issue bonds. And, to tell you the truth, the money is fucking wasted so unjustly; they died even more miserably than Dou E. Once the money enters the provincial level, it starts to get skimmed off, layer by layer, and by the time it reaches the county level, only scraps are left. What the fuck is this money used for? Repairing flower beds? The flood has already submerged buildings several stories high, and Zhengzhou is still planting roses there. Is this what they call a sponge city? I think it's a fucking shameless city. So, just think about that new bond in the fourth quarter. I've even thought of a name for those fucking idiots in China: borrow money from the people in the name of the people, repay the debt owed to the people, and finally move the people once again. Yesterday, I chatted with a relative of mine from Northeast China about this CCP tactic. My uncle has a bit of a hot temper, and his reaction, well, I think it's the same as yours now. His reaction was to slap his thigh and say, 'This bunch of bastards really have the nerve,' that's his accent. Of course, the CCP is not included in the concept of human beings.