BitMEX Token

<ul><li>Arthur Hayes foresees a crisis akin to the Great Depression within five years due to widespread adoption of Keynesian economics.</li><li>He discusses the relationship between money printing, and inflation as these are the factors contributing to rising prices.</li><li>He references research indicating that crossing the 130% debt-to-GDP threshold historically leads to financial crisis.</li></ul>BitMEX co-founder Arthur Hayes has grimly predicted a severe global economic crisis, akin to the Great Depression, within the next five years. In his YouTube video <a href="https://www.youtube.com/watch?v&#61;-de-ZIA5ouo&amp;ab_channel&#61;TomBilyeu" rel="noopener noreferrer nofollow">titled</a> &#34;A Great Recession Worse Than 2008 – Survive and Thrive During the New Economic Reset,&#34; Hayes outlined his vision of a future marked by radical disruption. He believes this crisis, worse than the 2008 recession, is looming due to the widespread adoption of Keynesian economics, resulting in excessive government debt and stagnation in alternative energy innovation.On October 9, industry researcher &#39;arndxt&#39; spotlighted key excerpts, underscoring Hayes&#39; assertion of &#39;radical disruption in the next 5 years:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/bd928964cbce48429a3299e55a90e306.png" />Hayes highlighted the challenges faced by the U.S., such as escalating healthcare costs and defense budget issues. Addressing these concerns without alienating the support of the baby boomer generation proves to be a significant hurdle. Additionally, escalating national debt and the potential for default could lead to currency devaluation, exacerbating the situation.Read full article at <a href="https://cryptotale.org/bitmex-co-founder-foresees-an-impending-economic-recession-in-five-years/" rel="noopener noreferrer nofollow">CryptoTale.</a>

BitMEX Co-Founder Foresees an Impending Economic Recession in Five Years

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