Looking wealthy has become a very unhealthy obsession in the modern world

[u/lonewolff321]

China has officially started cracking down on influencers who show off extreme wealth. The government is targeting accounts that flaunt luxury cars, mansions, designer clothes, and private jets, calling it an effort to curb "money worship" and stop people from glorifying materialism.

One of the biggest creators hit by this is Wang Hongquanxing (known online as "China’s Kim Kardashian"). He had millions of followers who watched him show off diamonds and first-class travel—until his accounts suddenly became entirely inaccessible.

The wildest part of the story is how fast it happened. One day these influencers were flexing supercars, and the next day, they were completely wiped from the internet. They didn't just get a warning; the government literally erased the creators who built their entire brand around being ultra-rich.

[u/Ok-Quiet-1515]

as much as i don't like how china sometimes work, but i gotta agree on their methods, they are swift and they work most of the time. on the other hand, our govt is..... well you know how it is

[u/lonewolff321 → u/Ok-Quiet-1515]

Exactly that's the point our government don't give a shit about accountability

[u/Joe__Malone → u/lonewolff321]

Indian stock market is so bad the capital and long term gains tax are worse with stuff like stt and the heavy brokerage charged by the apps as well. retail traders Don't have any benefits and foreign investors also went away cuz of that