Over a Dozen Livestream Rooms Banned in One Wave — This Tower-Rush Was Too Explosive, Happening More and More Often, the CCP Can Barely Hold On!! 5 Million Down the Drain, Nowhere to Seek Justice! This Industry Is Ruined Too! Qiqi Baba TALK『Refresh Your Mind 796』20261012

Hosted by Qiqi, this episode explores three social phenomena: first, an "assault on the tower" incident where an intruder entered a foreign gamer's livestream to hurl insults at Xi Jinping, triggering bans across more than a dozen livestream rooms; second, the devastating loss suffered by a female entrepreneur from Chaoshan, whose manor in Guangzhou—built with a 5 million yuan investment—was forcibly demolished by local authorities due to government performance KPIs and the concealment of land-use classifications; and third, the economic reality of the total collapse of the hairy crab market this year, accompanied by unsellable inventory across the supply chain and consumers tightening their belts. The program analyzes government evaluation mechanisms, the ripple effects of the real estate crash across various industries, and growing public discontent with the current regime.

Video link:

Full transcript:

Hello everyone, welcome to Qiqi Baba TALK, I am Qiqi. Uh, a couple of days ago, a foreign gaming streamer participated in an exhibition match of Valorant. As it turned out, during his livestream, the room number was accidentally leaked. Ah, because he was in this exhibition match, many major gaming streamers were actually playing together with him at the time, and everyone was livestreaming across multiple open rooms. But as soon as this number got leaked, someone entered the room through the game, barged right in, and started cursing out Xi Jinping.

It's on our side, you know? It looks like we're losing.

Xi Jinping's young girl? Xi Jinping.

There's a stupid dog right here! Holy shit! What a fucking idiot!

How the fuck does this feel!

Did Xi Jinping make you? Did Xi Jinping make you? Xi Jinping.

Hey hey hey hey, hey hey hey hey hey hey, it leaked on my end! What's going on? Kick him quickly.

Listen, listen.

Mute that guy. Ah, right, mute him, I just had a bit of reverb.

Huh? What? What?

What do you say? How is it?

Hey hey hey hey hey! What do you say? Uh, good thing, good thing such a wallet is on my side, yeah, feels like having strong backing behind me.

Mine, mine, mine.

Rollercoaster, what a shame, what a shame, what a shame, almost, almost, too bad, too bad.

Oh no! What color? What color? What color? What color?

In the end, it still...

In the end, it still ended up...

This one failed.

What for? We're in second place.

OK, but we're already very strong, alright? Five to thirteen.

Not bad, not bad, we're already invincible. It looks like we lost, but in fact we won, because first place is on our side, because the top player of the whole match is on our side, you know? Yeah.

It looks like we lost, but actually we won, Xi Jinping.

What a fucking idiot! Holy shit, what a fucking idiot!

What the fuck is this! Holy shit!

You fucking idiot! Right now.

Something's wrong with his head! Holy shit.

What a fucking psychopath!

It was so, so sudden! Then a streamer started cursing him directly, and then his live stream suddenly went black. This act of barging in and cursing Xi Jinping this time led to over a dozen live streams being banned simultaneously. Have you friends noticed? I think the point of this incident is that more and more people are starting to vent their dissatisfaction. Friends should have noticed that recently there are more and more people engaging in 'charging the tower' (challenging the authorities) on the internet, right? Uh, I'm not sure if doing this can really push things forward, but I think its very existence is meaningful. Moreover, the more people who hear it, the more they might get curious about why everyone is cursing Xi Jinping, or why everyone is so emotionally explosive. And the fact that it's becoming more frequent actually means that those who are dissatisfied with the current state of rule, or those who are waking up and thinking about their current situation, are also increasing. It's just that the CCP's torture of the Chinese people is still a bit...

[Video Clip] It's too exaggerated! I invested five million in Guangkuo Tiandi and built this manor, but I never imagined that a single piece of paper would come down ordering the entire manor to be demolished. It's not that I don't know how to do business; it's because no one told me the truth from the beginning, which led to the outcome I have to bear now. I am a Chaoshan woman. To be honest, a woman leaving her hometown to start a business in a strange city, right? Um, I've been at this manor for four years. Every flower, every blade of grass, every tree, every brick, and every tile in the entire manor was built by me bit by bit. I have also brought a lot of economic benefits to this village. Because every time we hold an event, we ask the aunties and uncles in the village to help, and of course, they also receive corresponding wages, right? When I first came to this land, it was a wasteland with nothing. They just gave me a contract saying that this project could be implemented here. At the beginning, in the hall of the office, there was a blueprint for the future development of the entire Guangkuo Tiandi, saying that a cultural tourism project would be built here. I also showed them my design renderings and asked if I could do such a project on this land. They didn't tell me the truth; they concealed the nature of this land. It led to me spending four years turning a desolate mountain that no one cared about into the Xunhou Manor that every household in the Guangzhou-Foshan area knows today. I have really been here for four years. I have shown my happy side to the screen, and I have never dared to reveal my suffering. I just want to ask, why is it so difficult to do business now? A person who seriously wants to do things well has instead become the one with no way out. These three flowers at the entrance, my favorites, I planted them from tiny seedlings. Even for this tea room, I used the best materials, and now I have to tear it down with my own hands. My heart really hurts, you know? I really collapsed for several nights, silently bearing such great pressure alone, and silently shedding tears. But the next day, I still wiped away my tears and continued to solve problems. I have been a woman who solves problems while shedding tears. Up until now, I received this notice to demolish my entire park, and I haven't told my family a word, nor have I told any friends. Now, in the blink of an eye, it's the end of the year. I survived the off-season, I survived the stormy, rainy days. Now what makes me the most uncomfortable is that I can't take any orders for my business during this peak season at the end of the year. Many old customers called to inquire, saying, 'Ms. Li, I've held events here for three years, and I want to do it here again this year,' but now I can't take orders. It really leaves me with no way to survive. If you couldn't do my project on this land, you should have told me! You shouldn't have concealed anything from me, right? I wouldn't have thought you could let me dump millions here and lose everything. I'm even thinking in my heart, if I have to demolish this place, I don't know where my stray dogs and stray cats will go, you know? My mind has been thinking about how to settle my stray dogs and stray cats. I think no matter how bitter or difficult it is, I will keep them by my side. I will take every one of my stray dogs and stray cats with me. As long as I can survive and have a bite to eat, I will let them survive too. Since this land can no longer accommodate us, I will lead them to find the next piece of land.

Spring. After so much investment, why did you approve it before it even started? I have to say, now their business is not on track anymore, and they have already started preparing for returns, right? They've been doing it for a while now, and just as they got things stable, you say no, and then demand that they tear it down. Actually, let me tell you all, every local government actually has a performance quota, friends, do you understand? They also have KPIs that need to be met. It's not just company employees who need them; local governments also have these performance demands. That means during a certain period, your locality needs to attract a certain amount of investment, right? There is a target for this. Well, this person walked right into the trap, acting as a complete sucker, so they lied to him first, letting him come in and invest all his money. Because in the end, even if these losses have to be borne by tearing things down, it's not the government officials who bear them—they don't care. Now, did the government people know from the beginning that this land was no good, that it was arable land and could not be used for such projects or construction? Of course they knew. Once the higher-ups investigate, it has to be demolished. But you say you want to invest—you want to invest 5 million—for a village or a county, this might already exceed their investment targets for the quarter or even the whole year. How could they refuse? Just like the lady in this video said, she also brought a lot of economic benefits to the locality. This investment is recorded in the books; it is recorded in the books no matter what, it was invested, and the money was genuinely spent. If this trick weren't too obvious, maybe some people would be willing to keep spending money, tearing down the eastern wall to patch the western wall, and then tearing down the newly patched western wall to keep patching the eastern wall, just to keep this KPI rolling. Mainly, this fraud is just too obvious. Therefore, previously, during the period of reform and opening up—an era of booming economic development—many so-called wealthy tycoons made money this way. They would help the leaders achieve their performance goals: "How much more investment do you need for your target this year? I'll invest. I'll open a store, whatever kind of store it might be, I'll make this investment." Then, in exchange, they could get a lot of internal government information, resources, or cheap land—it was a fair trade. "I'll help you make this investment, and you don't have to worry about whether my investment goes down the drain; I'll solidly count this money toward your political achievements. In return, you give me some good land or leak some information that only you insiders know." And then, they made money from this; it could be considered a form of mutual benefit. But that was when the economy was booming. At that time, because these bosses didn't care about the money lost in their investments—whether it was 5 million or 10 million, they would just smash it—they could earn it back through government information or real estate, right? But now? Now, if you make any investments, it's all money going into the government with nothing coming out. The government has no way to leak information to you to help you make big money because the overall market is bad and ordinary people are unwilling to spend money. The government can't even squeeze money out of them anymore, so how could it possibly help these tycoons make money? Because previously, the most important thing relied upon was real estate; almost everyone relied on real estate, and both upstream and downstream of real estate were making money. But now look at housing prices like this; once the real estate sector collapses, basically everything collapses. So now, if you think about getting into that kind of relationship with the government, saying, "Oh, I'll help you make your performance targets," and so on, you won't even get to drink soup—you really won't even get a drop of soup. There's another thing: this year's hairy crab market has actually crashed.

[Video Clip] The hairy crab market has collapsed across the board, and the entire industrial chain has completely collapsed. Whether it's breeding, selling, or wholesale, the entire industrial chain has completely collapsed. Every day's market conditions are breaking the historical prices of hairy crabs. This year, the gift-giving channel for hairy crabs has almost completely been cut off; you could say it's crippled. When it comes down to consumers across the country buying hairy crabs to eat themselves, they compare hairy crabs with beef, mutton, and other ingredients, and they feel it's not cost-effective. To be honest, right? If you asked me to eat a hairy crab, I'd find it too much of a hassle.

[Video Clip] How bad are the hairy crab market conditions this year? Today is October 2. The October holiday should usually be a time when sales are extremely, extremely good, highly popular, and procurement is through the roof—the kind of situation where you can't even buy enough stock. Based on past years, that is. But this year, on October 2, many, many acquisition agents in major producing areas have stopped buying altogether. In my last video, I was still saying we should sell them cheaper or get them into the cages earlier, right? Now, really, no one is buying them at all. I don't know what kind of situation this is this year.

[Video Clip] This year, the sluggish sales of hairy crabs are very prominent, with prices continuing to drop, scarce orders, and goods failing to move. Distributors are also helpless when purchasing crabs, as they buy them back only to find they cannot sell them. Many people feel that this year's aquaculture area has increased, leading to large production and a supply exceeding demand, which is indeed one aspect. There is also the view that the crabs are not yet fully mature and consumers are still taking a wait-and-see attitude. However, some say that the crabs are artificially ripened with hormones, which is completely a rumor. Hairy crabs are delicate in quality, and if the water quality is slightly unsuitable, they easily die, making it impossible to indiscriminately use drugs to ripen them. I think the real core reason is still the consumption end; regardless of income level, everyone has a cautious expectation for the future and is tightening their belts. Now, making money is difficult, job opportunities have become fewer, and many people face income pressure. Hairy crabs belong to non-essential goods, which one can either eat or skip. Even though the prices have come down, people are still unwilling to consume more.

[Video Clip] These past couple of days, everyone sees that they are hard to sell, and you all probably share this feeling, right? So what will the trend be for the coming week? Lao Han gives a prediction right here! Sales will continue to decline, rapidly entering the off-season of October, and the market will show the following specific manifestations: in terms of price, it will fall from a high level and continue to trend downward; shipment volume will decrease significantly, along with price cuts.

If we talk about inside the wall, friends who have lived there before should know that hairy crabs were previously in short supply. As long as you entered the market, you made money; as long as you had a channel to sell and could get these hairy crabs, you entered the market and made money—that kind of industry. There were even many shops that only did business for these few months every year, making enough in one season to live for a year. The shop would only open for three months, yet they were willing to rent this shop and pay a full year's rent. They still made money and filled their basins with wealth, so everyone can imagine how terrifying this profit and sales volume was. However, since the year before last, it actually hasn't been doing well, and by this year it has directly collapsed. The reason is also very simple: hairy crabs are a product that can only be consumed with disposable income, and they are obviously mainly used as gifts. When everyone's remaining money in their pockets is only enough for a full meal, there is no way to engage in such extra consumption or social reciprocity. Therefore, as I have stated very clearly before, an economic collapse will definitely affect most people; it is just a matter of sooner or later. After all, you live in that society, don't you?

Alright, the above is all the content for this episode. If you want to support me, please join the membership channel. And I especially hope to chat with everyone in real-time during the member livestream. That is all for this episode, see you next time.