China's Youth Unemployment as a Preview

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You Asked, Arthur Hayes Answers…

In less than 7 minutes, Arthur Hayes explains why Bitcoin's recent pullback isn't a failure of the digital gold thesis. It's a timing problem. He traces an AI deflation chain: junior knowledge workers lose their jobs permanently, the consumer credit they carry blows a hole in regional bank balance sheets, and the Fed is forced to print. That's when Bitcoin, the most sensitive asset to credit flows, wins. He points to China's 30% youth unemployment as a preview of what's coming to the U.S.

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