China's Economy Has Collapsed! Monthly Income of 6,000, and the Mortgage Dares to Demand This Much! No One Can Stop This Day! Qiqi Baba TALK Episode 1006 20261021

This episode, through a large number of submissions from netizens, audio recordings, and video clips, focuses on the severe survival dilemmas faced by ordinary people against the backdrop of the current economic downturn in China. The content covers phenomena such as middle-aged unemployment, mortgage pressure, waves of business closures, cutting back on food and clothing due to rising prices, the increase in food delivery and ride-hailing drivers, low hourly wages and long working hours, campus poverty, and deteriorating public security, while also providing commentary on relevant policies of the Chinese Communist Party (CCP).

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Hello everyone, welcome to Qiqi Baba, I am Qiqi.

[Video clip] My mortgage is 14,000 yuan a month, but I only earn 6,000 yuan a month. Is it really that hard to find a job that pays over 10,000? You HRs, you companies. Don't you realize you will reach forty one day? I am forty, and I feel my physical strength is better than my son's, my nine-year-old son's. Can you run a marathon? Can you run a marathon? Can you run a 42-kilometer marathon? Do you have to drive people to their deaths? Why do you look at age when hiring? Why? Shouldn't you look at ability? Shouldn't you look at experience? What does this have to do with age?

When income suddenly drops sharply and one has no savings, I think one must immediately shed this debt asset because it is impossible to afford. No matter what, you have to sell the house quickly, otherwise it will completely drag down your life, and there will be no chance of turning things around. You will spend your whole life struggling for this house, and then force yourself into this state. Now, life hasn't become better because of this house; on the contrary, it has become worse. So you say it's not worth the loss, is it worth it? Furthermore, in China, this house doesn't even 100% belong to you, because in essence, you don't own your own house.

[Video clip] Afterwards, I really just want to find a man to keep me.

[Video clip] Let's just say how severe this economic downturn is! Young people, you don't know, back in the day, working as a 'two-plus-one' didn't even require a full-time job, and life was comfortable and decent. Now, working as a 'two-plus-one' is for survival, sigh, just to get a job. I really... if your predecessors knew, they would all scold you.

[Video clip] Afraid you have no future, looking like someone who is kept, but living a life of self-destruction. I really hope one day some big shot will notice me and say to me: 'Hey poor thing, send me your payment QR code.' Wow, just thinking about it is beautiful. Is it ready?

[Video clip] As for me, I have 260,000 followers. And if I remember correctly, this month I livestreamed all night eight times. Let me show you the income from the most recent one. I livestreamed for six hours and twenty-seven minutes, and the income is this much.

[Video clip] Hmm, broadcasted all night, made 40 yuan, 5 yuan more than the previous days. I can't broadcast anymore, I really can't broadcast anymore.

[Video clip] I just went through the National Day holiday, why does it feel like this industry is about to collapse? I don't believe that the people who order food delivery don't order anymore? Or is it that too many people have joined the food delivery army?

[Video clip] A phenomenon I discovered myself is that there are more and more women in ride-hailing, but their ages are slightly older, and they are all dressed very exquisitely, and the car always smells good. And for female food delivery workers, the age group is on the younger side, and the number of personnel is also increasing significantly. It feels like the ratio is almost one-to-one with men now. Hmm, women are all pouring in, I don't know if you all have this feeling? This is what I discovered recently, you can all talk about it.

This year. This money is too.

[Video Clip] It's getting hard.

[Video Clip] In Beijing, are there really so many unemployed friends now? I just asked four friends born in the 80s and 90s, and three out of four are unemployed. Sigh, is it really this difficult now?

[Video Clip] I'm forty-one this year, almost forty-two, and I'm about to be unemployed for the second time. Unemployed in middle age, and why am I still in debt? I really don't know where to go from here. I can't drive for ride-hailing, my health isn't keeping up, it's just too hard.

[Video Clip] Oh my, no work now, just wandering around outside all day. I, a drifter, am just wandering around here all day too. Are there others over there without work? Look at this group of people here, none of them have jobs. I don't even know what to do now.

[Video Clip] Hello everyone, I'm currently on the high-speed train heading home. Outside the window, it was just high-rise buildings, and now it has turned into farmland. I suddenly thought of a question: the last wave of unemployment was in 2008, and back then the land caught tens of millions of people. Today, it's my turn. Back in 2008, factories lost orders, construction sites stopped work, some people had no social security, no savings, but they...

[Video Clip] They had a way out, which was to go back to their hometowns to farm. My husband is unemployed, and his salary isn't even 3,000 yuan anymore. Our family of four is in a rural area in Guizhou, living on 600 yuan. He used to work in a winery, but he just lost his job. Yesterday, he asked his brother-in-law about delivering express packages in the city, 2,800 a month. Start work at 7:00 AM to load goods, and don't get off work until 7:30 PM, no days off in a month. Ah.

[Video Clip] How bad is the current market? Let me tell you! I'm in a dyeing factory now, and all the dyeing vats are shut down, no work. Everything is stopped tonight, the printing machines are all stopped. Let me take you to see the setting machines, all the setting machines are stopped, look, all four setting machines are stopped.

[Video Clip] To be honest, most people now are living on loans.

[Video Clip] Family, what do you say we should do? The whole family is unemployed, staying at home, really not a single cent coming in, borrowing money every day to live.

[Video Clip] Now companies all say they aren't making money, all say it's difficult, all say the economy is bad. If the company is struggling, the employees must be struggling too, right? Benefits are gone, reduced, wages are being cut, right? If you don't raise employees' wages, how can you stimulate consumption? If consumption can't be stimulated, how can the company make money? Hmm, you tell me, isn't this a vicious cycle? Anyway, here in Huizhou, I can actually clearly feel that the current economy is just like this.

[Video Clip] To what extent are people frugal now? I'll go first, I only eat one dish per meal now, look, two people eating one dish per meal, although it's one dish, it has meat and vegetables.

[Video Clip] It's too much, I can't finish it.

[Video Clip] Whether you can eat it or can't afford it, look, this table is what we used for our street stall before.

[Video Clip] Business is very difficult to do now. This Tailin specialty store, the Hunan restaurant across the street, and the clothing and fabric store next door all opened at the same time last August. The Hunan restaurant across the street can't hold on anymore, and they've already posted a transfer advertisement. It won't be long before this store also posts a transfer advertisement.

[Video Clip] Smash it! Hurry up!

[Video Clip] How about we just skip to the New Year? There are no holidays in the next three months, and we can't make any money anyway.

[Video Clip] It's not that we aren't working hard, in this situation, hmm, using, using, using, using effort is useless, it's really like this, don't laugh.

[Video Clip] I feel like this factory is about to go bankrupt. Think about it, they haven't even paid the wages for the last few months. You ask the boss, the boss says he's preparing to get a loan, but the loan hasn't come through. In the end, the workers have no choice, they take turns, twenty yuan a day, watching in the factory, afraid the boss will run away. You want to work thirteen-plus hours a day for three hundred-plus yuan, wanting to earn money is like gambling. If you say you won't work, those new guys are here fighting for goods, it's just so hard to earn money. You're gambling until the end, and you don't even know if you'll get the money.

[Video Clip] They ran away, they ran away! Another garment factory closed. Like these light stands, two yuan each; the carts, a few hundred yuan each, all are cheap.

[Video Clip] Another clothing company in Dashi, Panyu has collapsed, and they still owe the landlord two months' rent. You can imagine how bleak the market is this year!

[Video Clip] In previous years, this time would be the peak season, but now it's terrifyingly quiet.

[Video Clip] Are people today really so poor they can't even afford a meal? Last night, just as my child's father was getting ready to close the shop and come home, he came back and told me something. Um, after hearing it, my heart really couldn't calm down for a long time. Last night, as we were preparing to close, all the appliances and kitchen equipment in the shop were powered off, the cleaning was all done, and basically all the lights were turned off. Just as the child's father was at the cash register looking for the keys to close up, a man in his thirties walked in. He asked if there was any leftover food in the shop. The child's father told him we had already packed up and there were no hot meals left. The man glanced at half a bowl of noodles on the table and pointed at it, asking, "Isn't that it?" Then the child's father explained to him that this was the half bowl of noodles our child hadn't finished. I made it for our child in the evening around 7:00, but the child hadn't eaten it because they were doing homework, leaving half a bowl unfinished. Surprisingly, the other person said it didn't matter, he didn't mind, and anything that could fill his stomach was fine. At that moment, the child's father was stunned for a moment, completely caught off guard. Then he casually found a box, packed it up for him, and handed that half bowl of food to him. Afterwards, that person told the child's father that he hadn't been able to find a job, had no income, and um, didn't have a single penny in his hands. At that time, he saw that he also had quite a bit of leftover food padded in his hand, which probably was also begged from someone else.

[Video Clip] It has been almost a month since I started my freshman year, but my wallet is cleaner than my face. Now when I go to the cafeteria to eat, I can only buy eggs and shaomai to supplement protein and carbs. I originally thought going to university only required paying tuition and things like that, and the tuition of over 10,000 was paid using a student loan anyway. As a result, when I got to school, I found out I still had to pay for a medical check-up, buy insurance, and pay for accommodation. The host won't say much more. As a result, the school is so big that I can only ride those shared bicycles, and riding once costs 1.5 yuan. 1.5 yuan! If I bought a boiled egg to eat in the cafeteria with that, I could even supplement my protein. Now I take showers using the minimum water flow because I'm afraid that if the water runs too fast, it will cost more money. I originally thought I could save money after going to university, ah, and buy some things I like, but instead, it feels like participating in a wilderness survival show. It's so terrible, what should I do?

[Video Clip] I find that the economic downturn still has a pretty big impact on the lives of ordinary people, and everyone has started tightening their belts. Yesterday, my child's father and I took our child to the mall to play, and my son took a fancy to a toy car. He liked it very much, and it was 39.9 yuan. I hesitated for a moment and didn't buy it for him because I figured we already have a lot of toys at home, and on top of that, money is hard to earn now, so we should try not to buy things we don't need. Then we carried him away, and as a result, he cried all the way for a long time. Later on, though, my heart softened and I went back to buy it for him, because I thought the child had suffered quite a bit from being sick and hospitalized recently, so I still bought it for him. If this were in the past, I definitely would have bought it for him without blinking an eye. Now, we save wherever we can. Also, this year my husband and I basically haven't bought any new clothes. The outfit I'm wearing today, for example, is something I bought and left sitting there for a long time. I originally thought I would wear it when I went traveling.

[Video Clip] When taking a break, I always come over here to pick up bottles. There are a lot of people at the scenic spot, and a lot of bottles too. Anyway, it can relieve some pressure.

Qi Qi Bada TALK Episode 1006, 20261021.

[Video Clip] There's nothing shameful about losing face; face can't be used as food. Laying aside pride and making money properly is our responsibility. Don't care too much about other people's evaluations. Passersby only appear in your life for a few seconds, and they aren't responsible for your life, so there's no need to care what others say.

These past two years the macro environment hasn't been good, and money is getting harder and harder to earn. Therefore, everyone must guard their own wallets. Thieves in Zhengzhou.

[Video Clip] Is nobody going to manage this? In broad daylight, I am right here, my things are in the tree, and in the blink of an eye, they are gone. To put it nicely, you are stealing; to put it bluntly, how is this any different from robbery? Why are you people so rampant? I just asked the neighbors nearby, in broad daylight someone can dismantle an e-bike's battery and take it away, and even ride the e-bike away? I have already reported this to the police. The net of justice is wide, with large meshes, but it lets nothing through, and one day you will be caught. To be honest, I am responsible for this; I thought too naively and simply of this society. What era is it, and there are still people like this?

[Video Clip] The scene has been rushed back to! These bastards just moved two stools over and drilled through here again. These two antiques were moved from the old house and have some age to them. They were violently pried open. Look, the tools used for the crime were even left behind and not taken away! Come on, someone come and appraise this!

[Video Clip] Oh my goodness! Doing business nowadays is really hard; no sales for half a day, and when I finally made a single sale, it turned out to be a 60 yuan counterfeit note. Fuck it!

[Video Clip] Look, aren't you going to die of anger? You say, nowadays many families can't even put food on the table, and some even can't scrape together their children's tuition and living expenses. Let's look together.

Have a look.

[Video Clip] August has a total of thirty-one days, and he only rested for two days, making his actual working days twenty-nine, with an average of eleven hours of work per day. Looking above, his total working hours for the month are three hundred and nineteen hours, and his total income is five thousand four hundred and five yuan, which translates to a weekly working time of seventy-two hours, with an average hourly wage of only sixteen point nine four yuan. After looking at this data, I don't know what to say. There are even lower ones than this, like the annual summer workers and school interns, some of whose hourly wages have already dropped to thirteen yuan.

It is precisely because of the collapse that the the Chinese Communist Party (CCP) is starting to grab desperately. You can all see that current policies focus mainly on two things: first, rushing people to get married and have children; second, grabbing money. Because the common people probably only have this much left in their hands, they want to squeeze every last bit of food dry from them. Oh, you don't know how to spend this money, so let me spend it for you. That's why I say that the lives of Chinese people will probably become more and more difficult in the future, because money is already becoming harder and harder to earn as it is. Then you can say that the CCP's upcoming plundering will also become more and more ruthless, and life naturally becomes unlivable. But it is really hard for me to say now to what extent they can endure. Alright, that is all for this episode. If you want to support me, please join the membership channel. I especially hope to be able to chat with everyone in real time during the members-only livestream. So that's it for this episode, see you in the next one.