The CCP Will Never Let Go, Cash Is Too Dangerous! In Taiwan, Opening Your Mouth Just Means "No"—You'll Understand Once You Watch It! A Great Mountain Is About to Press Down on Us! Qiqi Baba TALK "Refresh Your Mind 808" 20261024
This episode mainly discusses the liquidity crisis and real estate predicament facing China, the strict regulatory risks of cash transactions, as well as the attitude of the Taiwanese public toward disaster donations to the mainland and the underlying crisis of trust. The host combines examples to point out the immense pressure ordinary people endure under authoritarian policies and demonstrates the grim reality of falling real estate prices and school district housing prices.
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Hello everyone, welcome to Qiqi Baba, I am Qiqi. In 2023, there was a statement made at a financial annual conference.
Even some of their higher-ranking cabinet members were very confused about one issue: why China remains indifferent to such a severe liquidity crisis and takes no measures. They think you must be holding back a 'big move,' they don't understand what you are holding back, they think you must be holding back a 'big move,' but after holding back for two or three years, it seems no 'big move' has been seen. Up to now, they find it incredible and feel they cannot understand this behavior, because from their perspective, this problem is very simple; it is a liquidity crisis, and you must block it as soon as possible. The longer you drag it out, the more impossible it becomes to clean up. But they see us just strolling leisurely, and then? We feel that the situation is all under control, the problems are not big, and they can all be solved in the end. And the difficulties are all short-term, I also believe this. I fully believe in the decision-making ability, leadership, and control of our Party and government. I believe that our technocrats have great creativity and are infinitely loyal to the Party's cause. I believe all of this. It's just that the speculators in the financial market are very eager for quick success and instant benefits, seeing only problems. And then, while their words are optimistic about the market, their bodies are very honest, and the traded stock prices are getting lower and lower. Therefore, whether the Chinese real estate crisis can be solved and how it can be solved, in fact, you only need to look at one point: does it have the courage to put the central bank's balance sheet into it? If it doesn't have this courage, this problem can only be dragged out until the end, which is that everyone is over, and the entire industry is wiped out.
Therefore, the tragedy of the Chinese people lies precisely here. Because every decision made by the government has, as we all know, the greatest impact on ordinary people. That's right, a policy they announce has actually very little impact on themselves; its focus falls squarely on the lives of every ordinary person, because these policies are primarily enforced upon us, and it has always been this way. Especially in such an authoritarian country, you truly cannot imagine how a casual remark made on a whim by someone at the top can directly alter an ordinary person's life, crushing down like a mountain and potentially destroying everything in their entire existence, reaching such a severe level! Therefore, it is quite extraordinary and exaggerated, yet under these circumstances, the Chinese people literally do not even have the qualification to ask a single question, and often do not even know what those authorities are discussing or doing every day! The progress of these agendas and so forth are not open to the public at all; by the time you see it, it is already a finalized decision, and furthermore, you cannot resist—you have to do whatever is told. So it feels as though there is a sense of predestination, a fated feeling, which is extremely distressing. Then I saw someone saying that, uh, everyone knows there is a very rampant money-laundering situation within China's borders previously, though now perhaps there isn't much money left to launder, and mainly the government is short of money and randomly grabbing cash everywhere, so many previously unclean funds have probably already been confiscated as state property. Inside the mainland, a tremendous amount has certainly been taken away, so the money-laundering industry has actually been declining as well. However, some say cash transactions are not entirely safe either. Let's look at how this is explained.
Both parties hold the same wishful thinking that, with all-cash transactions and no transfer records, supervisory organs would be unable to verify fund flows. In practice, a large number of retention and investigation cases see parties falling victim to this misconception. Combining frontline case-handling rules, shared objectively, all content is supported by regulations, without fabrication or exaggeration. First, all cash deposits and withdrawals leave behind original serial number records, with each banknote's serial number serving as its exclusive identity code. According to the central bank's 2019 currency management regulations, when bank counters and ATM deposit-withdrawal machines process cash transactions, the equipment automatically retains the full set of serial numbers, with local branch storage records retained for at least three months, and backend data cannot be manually deleted. Second, methods of splitting small-amount withdrawals to evade supervision can be automatically identified by the system. Many people, trying to avoid the 50,000 yuan large-amount cash reporting requirement, withdraw 49,000 yuan in batches. However, the bank's anti-money laundering system aggregates cross-branch withdrawal data of all bank cards under the same controller, and deliberately splitting funds will be flagged as a suspicious clue, uniformly submitted to the central bank's anti-money laundering center for archiving and inspection. Third, retrieving the retained serial number archives can completely restore the fund trail; the banknote serial numbers withdrawn by the briber are all archived. Whether this cash is subsequently deposited into bank cards in batches by family members, or used to buy a house, purchase a car, pay for large-scale decoration, or buy luxury goods—where merchants secondary-record serial numbers during daily cash deposit procedures—once the two sets of records match, the entire cash flow direction is directly locked. Fourth, even if cash is hidden at home for a long time, there are corresponding evidence-gathering methods. When investigators search and seize cash involved in a case, they use professional bill-counting equipment to scan all banknote serial numbers on-site, cross-referencing them with previously retrieved withdrawal records, and this electronic material can be directly used as valid evidence in court. In addition, the Supervisory Commission can coordinate with the police to retrieve road surveillance, vehicle passage, and mobile phone base station location information to corroborate the time and place of the private cash delivery between the two parties, forming a complete closed loop of evidence. In practice, this cash tracing and verification process is already very mature; do not underestimate the intensity of regulatory review based on personal subjective judgment. If you have related confusion, you can leave a message to communicate.
Actually, every time I see Chinese people talking about these things so eloquently, I find it a bit funny, um. Because there is no real law; if the Chinese Communist Party really wants to find trouble for you, they don't need such complicated procedures or legality. And if they want to target you, even if you don't have any of these and haven't done anything wrong, they can still slap a bunch of charges on your head. So none of this really matters, because if you can actually pull off something serious—I can put it this way—once it reaches a certain scale, the government is bound to know. They are a dictatorial government. Friends must remember, they are a dictatorial government, and especially when it comes to the money of ordinary people, they view it all as their own, so they monitor it very, very strictly. Since you are able to do these things, in reality, they must have already taken a cut from the middle. If they are going to crack down, it's definitely due to some issue of uneven benefit distribution, or, um, because it infringed upon their power; otherwise, since this thing is allowed to happen, it's because no one in that territory can out-evil them. Well, it's an old cliché, but I'm seeing this again, and I don't know what to say. But I think it makes a lot of sense, yet I also wonder, what on earth did ordinary, innocent Chinese people do wrong?
Hello, fellow student! How come you Taiwanese would rather donate money to Japan than to the mainland flood disaster?
Do me a favor and get your facts straight first: Taiwan hasn't failed to help China. During the Wenchuan earthquake, Taiwanese donated over seven billion, and what did we get in exchange? Military planes circling Taiwan every day to suppress us, and even blocking us from entering the WHO. When the 3.11 disaster happened in Japan, we donated too, and they've been grateful ever since. As for China, they shout about forceful reunification every single day and only call us compatriots when something happens.
The most important thing isn't even any of this, um. I believe that Taiwan's friends can definitely distinguish between innocent people and an evil government. So where is the most crucial point? I think the reason everyone is reluctant to donate anymore is because the money donated by Taiwanese friends simply cannot reach the hands of those who need help. No matter how much you donate, whether it's much or little, it all ends up in the pockets of those CCP bullies. You tell me, who can stand that, right? Even worse, they turn around and bite the hand that feeds them. Do friends remember what happened during the previous floods in Guangxi? Let's review it again and see what they were saying on the scene.
Ah.
Officer Yang Xuecai, filming and viewing are real-time. Photographers, please actively cooperate with the police station's work.
Fanzei, won't you come? Huh? Fenzi! Everyone understand? Fenzi, they've gone to the river! They've gone to the river.
You can.
Our livestream won't talk nonsense, um, everything is based on facts, right? No false propaganda, okay? Ah, thank you everyone for your supervision, thank you.
Malicious filming and tampering with facts—I really don't know how these eight words even manage to get uttered. You say someone is filming their own home, which is completely flooded, and that's malicious filming, right? Ah, to fake it, they have to take water themselves, mix in some mud, mix in some tree branches, mix in all sorts of messy things, and then flood their own home just to maliciously film this to smear you, while their house is gone, right? You see, a government like this doesn't even allow the people to engage in mutual self-rescue. And you say you're donating money to them, you...
Let me ask you all, how much are houses worth now? Five years ago, I took out a loan of 1,170,000 from the bank, and now nobody wants to buy my house even if I sell it for 700,000. Um, when I bought it back then, the total price was 1,670,000, and I paid a down payment of 510,000. Now, five years have passed, and the loan I still owe the bank—the bank loan is still 1,100,000. My monthly mortgage payment is 5,083,000—wait, 5,083 yuan, with 3,000 yuan going toward interest and 2,000 yuan toward the principal. These five years have passed, and I've paid off over 300,000 in principal. But the total amount of my loan has only decreased by 70,000. I don't know how many brothers and sisters are in the exact same situation as me, um. Back then, I was harvested like leeks, and now I don't know what to do. You say cut it off—I told the bank I want to stop mortgage payments, and they told me not to stop payments yet, but first list the house for sale at 700,000. They said once it's sold, they will approve a credit loan for me to ensure that the title transfer of my house goes smoothly. You can also consult the bank where you took out your loan about this issue. I am extremely anxious right now because my income is unstable, my salary is only 6,000 per month—6,500 a month, and the mortgage alone is 5,080. I am breaking down. Today I asked my colleague, I went to the workshop and asked my colleague, and basically everyone in my workshop has their own mortgage-burdened property.
Eight.
Look at me.
Brainwashed by this kind of toxic chicken soup.
Study certificate.
Bought out the next thirty years of our lives. By the time I finish paying off this loan, I'll be fifty-five years old. Are there any brothers and sisters in the exact same situation as me?
Forget about price cuts for a moment; I just want to ask, in China, how many houses are there that can still maintain their original value without losing money? Friends, you need to know that the prices of many school district houses can no longer hold up. I think those who watch my videos should be very, very clear about how incredibly important education is for Chinese families. If you can't even take the gaokao (college entrance exam), it's like your life is over. Under these circumstances, the prices of school district houses are generally marked up by at least double, which is very exaggerated, especially for top-tier schools. But now, the prices of these school district houses have started to fall, and everyone should understand how severe the situation has become. Of course, this is definitely related to the decline in newborns. If there are fewer children, the demand for schooling naturally decreases. However, we haven't even reached the age where the generation of the birth rate cliff would be entering school yet. But prices are still falling, right? The number of people needing schooling is still here, yet prices are still falling. Friends, you should realize how twisted and desperate the situation is! It's a forced helplessness. If people had any money left in their pockets, they wouldn't give up on school district housing; it's just that they have no other choice. From this, we can say that the real estate market is already dead, and the possibility of a revival is not very high; it's basically impossible. Actually, it's not just about what's wrong with the houses themselves. I think the main reason why the Chinese real estate market is in this state now is that the premium harvesting was too obvious. They really treated people like leeks to be harvested at will, without any consideration for their feelings at all. So, I really want to ask the Chinese Communist Party (CCP) government: don't you feel any guilt when you spend this money?