End of the euro, the return of Frank and Bitcoin Savior: Arthur Hayes will look at the case of France
Freedom (and Bitcoins) leads people. We already know Arthur Hayes for his sliced positions and his uncompromising economic analysis, which he regularly distilled. In its latest publication on Subracka this time attacks Europe and especially in Francepredicting a major crisis that could end the euro. According to him, economic tensions between France and Germany in combination with the changing American monetary policy could force France to leave the euro area. A situation that would be catastrophic to the European economy, but that could paradoxically benefit bitcoin.
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- Arthur Hayes predicted the great crisis in Europe, endanger the euro and plans to leave France in the euro area.
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- France has accumulated a disturbing deficit in the target system and signaled the capital flight to safer countries.
- Bitcoin could benefit from this crisis and stand up as a refuge while trust in the trust currency is falling apart.
France, weak connection in Europe, loses its economic allies
Arthur Hayes first underlines in his article that France The target system accumulates a growing deficit, a regulatory mechanism for cross transactions in EUR. This deficit suggests that capital will flee to France to resort to countries perceived as safer, such asGermany and Luxembourg. “France has the largest target deficit in all euro area countries”Note the co -founder of Bitmex and emphasize that even French savior “More trust” into their own banking system.
According to him Capital leak is a warning feature and crisis wider. Believes that FranceToo big to go bankrupt, but also too big to save, could be triggered by the euro collapse. “France is too big to fail, but also too big to make a rescue”writes.
Arthur Hayes He also points to Germany and Japan, two countries that he believes will no longer be able to The financing of a social state French. With foreign and monetary policy UNITED STATES Those who change these two countries will have to repatriate their capital to stimulate their own economies. “Germany and Japan will no longer finance France”He says Mr. Hayes.
Will Bitcoin be a great winner of this crisis?
This situation Obviously, France would stand in a position unstable. Already in the debt of the neck, he will no longer be able to count withforeign money To finance your public spending. And with budget deficit Who is still growing, France can be forced End the euro Regain your cash sovereignty.
For our witness of the day, this crisis could be a blessing for bitcoins. While the trust currencies collapsed, the first crypto of the market, often perceived as a Reservecould see his price exploded. “Many people wake up one morning and understand that money in the bank is not their own and fully understands why bitcoin is if necessary”writes.
In the case of crisis, investors necessarily try to protect their capital. And with gold and bitcoins as the only values of bankruptcy stated that BTC could achieve peaks: “Printed euros will connect with printed dollars, yuan, only etc. to increase the price of bitcoins”predicts.
However, although Arthur Hayese is generally alarming, they cause relevant problems for Europe’s economic stability. While France and Germany shoot in opposite directions and fleeing capital into security paradises, the future of the euro seems uncertain. And if history has taught us something, it is that in the period of crisis investors are looking for refuge. And Bitcoin could be one of them.
(Tagstotranslate) France