不熄灯 / Buxideng

不熄灯 enters the wiki through 不熄灯 E02：币圈闪崩、美国政府关门、First Brands 破产与娃哈哈风波, where [[DavidWeng|大卫翁]] introduces it as a new show with [[Yubai|雨白]] and [[XiaobaoQizhulou|小宝]]. The format is a three-location current-events conversation across New York, Hong Kong / 香港, and Beijing, carried inside the [[QizhulouYanBinke|起朱楼宴宾客]] distribution context.

The episode’s mode is comparative rather than single-topic reporting. It moves from Japan and Thailand politics into crypto, U.S. fiscal operations, private credit, and Chinese corporate governance, looking for patterns such as Political Veto-Point Bargaining, Crypto Leverage-Liquidity Cascade, Private Credit Receivables Opacity, and Family Business Succession Opacity.

Connections

• [[QizhulouYanBinke|起朱楼宴宾客]] - parent feed and show context.
• [[DavidWeng|大卫翁]], [[Yubai|雨白]], and [[XiaobaoQizhulou|小宝]] - hosts in the source.
• Podcast As Asynchronous Media and Podcast Intimacy - broader podcast-media affordances.
• Macro Narrative Anxiety - adjacent wiki thread about interpreting fast-moving events without overtrading or overclaiming.