Arthur Hayes: The global economy is deeply in debt and is actively embracing gold and Bitcoin
on the scene, on October 1, 2025, at the Token 2049 event, Arthur Hayes pointed out that the global economy is currently mired in a debt crisis. Since 1970, the ratio of global debt to GDP has soared from 110% to 360%. In particular, the United States will need to roll over nearly $8 trillion in bonds by 2026, facing huge debt repayment pressure. It is highly probable that this will be solved by printing money, which will trigger a flood of legal currency liquidity. At the same time, the AI boom is rising. Although related stocks such as NVIDIA have a high P/E ratio of up to 100 times, there are clear signs of a bubble, but the development of AI requires huge computing power and data storage needs.
Against this background, Arthur Hayes advises investors: first, avoid European assets. The economic situation in Europe is turbulent, with severe capital outflows in France, and a stalemate in finance and politics. The eurozone faces the risk of disintegration due to the crisis in France, and European stocks have long lagged behind the MSCI World Index, with poor risk resistance in assets such as bonds and stocks.
Second, embrace hard assets such as gold and bitcoin. The global liquidity easing and currency devaluation risks are intensifying. Gold and bitcoin have the properties of inflation resistance and decentralization, making them a good choice for hedging.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
With retail investors leaving, what will drive the next bull market?
Bitcoin has recently plummeted by 28.57%, leading to market panic and a liquidity crunch. However, long-term structural positives are converging, including expectations of Federal Reserve rate cuts and SEC regulatory reforms. The market currently faces a contradiction between short-term pressures and long-term benefits. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.

Tether's "son" STABLE crashes? Plunges 60% on first day, whale front-running and no CEX listing spark trust panic
The Stable public blockchain has launched its mainnet. As a project associated with Tether, it has attracted significant attention but performed poorly in the market, with its price plummeting by 60% and facing a crisis of confidence. It is also confronted with fierce competition and challenges related to its tokenomics. Summary generated by Mars AI. The accuracy and completeness of the content are still being iteratively updated.

Hassett: The Fed has ample room to cut interest rates significantly.
From "Crime Cycle" to Value Reversion: Four Major Opportunities for the Crypto Market in 2026
We are undergoing a “purification” that the market needs, which will make the crypto ecosystem better than ever before, potentially improving it tenfold.

