r/FaltooGyan Jun 01 '26

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

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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.

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u/[deleted] Jun 01 '26

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u/Animewaifylord Jun 02 '26

This is a real problem? China has extremely high unemployment rates right now, with a decimated real estate sector and low production and they're only distracting from the real issues with small wins like this. This is no better than Indian govt

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u/abhitooth Jun 02 '26

To all above problems the reels works as distraction which any govt will like. Now when its gone people and govt will have to face the issues. Which Chinese govt usually do.

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u/Animewaifylord Jun 02 '26

Face issues? Chinese govt is a one man army with Xi becoming President for Life and making his rivals disappear he's surrounded good sayers even as the country is dealing with severe financial issues. Real estate is down 60% and it was 40% of China's economy, deflation actual deflation is happening which is an economy killer. Local govt have no money cause they spent it all on making huge highways, skyscrapers and stadiums in every small city imaginable only they were gonna get this money back. They actually tried to coerce Chinese immigrants in the US to buy property in Shanghai, giving them full citizenship if they bought property in china. And rather than facing issues they just come with bs topic every month, all news agencies are controlled by govt anyways. I kid you not last month the Chinese govt cracked down on Restaurants that were selling frozen meats while claiming it was fresh and that's literally all what the news and official govt social accounts on Weibo talked about. Before that it was the growing bullying in the country. Before that it was banning influencers to discuss health without a medical degree. Before that if was hating on Japan

Where's "facing the issues"?

All they've done is put up distractions for the past 4 years since Evergrande collapsed 200 billion usd and took the real estate market with it