From what I’ve seen, even middle-class people around me who were doing pretty well a few years ago are having a hard time these days.
The stock market’s been a total shitshow in the second half of this year. As for the general climate, well, it’s been like this for years—barely alive.
Friends who work in the public sector and went on a luxury-bag buying spree a few years ago say they haven’t bought a single one this year. They’ve even cleared out and sold things they don’t use at home.
I definitely won’t be buying luxury brands again for the next few years. Even clothes that cost a few thousand yuan are no longer something I can buy on a whim without batting an eye. I’ll just buy them occasionally. You can find good-quality, comfortable clothes at a great price, too.
When will things get better? Honestly, nobody knows.
But as long as we can stay healthy and keep living, there’s still hope.
Do you know how extravagant Xu Jiayin’s lifestyle was back then? According to insiders, the water dispenser in his office wasn’t filled with purified water—it had whole jugs of iced black tea. Xu Jiayin ate KFC six days a week, and on Thursdays he ordered à la carte at McDonald’s. When taking a taxi, Xu Jiayin would select every vehicle type. When ordering Luckin Coffee, he never bought the 9.9-yuan drinks; he always paid the full price through the mini-program. #黄仁勋辞任CEO，英伟达战略走向受关注 #Anthropic拒绝延期IPO，本周路演估值几何？ $ETH
$PEPE
The stock market’s been a total shitshow in the second half of this year. As for the general climate, well, it’s been like this for years—barely alive.
Friends who work in the public sector and went on a luxury-bag buying spree a few years ago say they haven’t bought a single one this year. They’ve even cleared out and sold things they don’t use at home.
I definitely won’t be buying luxury brands again for the next few years. Even clothes that cost a few thousand yuan are no longer something I can buy on a whim without batting an eye. I’ll just buy them occasionally. You can find good-quality, comfortable clothes at a great price, too.
When will things get better? Honestly, nobody knows.
But as long as we can stay healthy and keep living, there’s still hope.
Do you know how extravagant Xu Jiayin’s lifestyle was back then? According to insiders, the water dispenser in his office wasn’t filled with purified water—it had whole jugs of iced black tea. Xu Jiayin ate KFC six days a week, and on Thursdays he ordered à la carte at McDonald’s. When taking a taxi, Xu Jiayin would select every vehicle type. When ordering Luckin Coffee, he never bought the 9.9-yuan drinks; he always paid the full price through the mini-program. #黄仁勋辞任CEO，英伟达战略走向受关注 #Anthropic拒绝延期IPO，本周路演估值几何？ $ETH
$PEPE