In a recent analysis, Arthur Hayes highlights the ongoing military ambitions of the United States and their implications for the financial markets. He argues that the need for weapon production, funded by the commercial banking system, is intertwined with the nationalization of artificial intelligence by both the US and China. According to the official information, these developments could significantly reshape the economic landscape in the coming years.
Nationalization of AI and Market Distortions
Hayes points out that the nationalization of AI has led to significant distortions in market signals, which have resulted in a notable rise in technology stocks. In 2025, these stocks outperformed the S&P 500 by a considerable margin, while Bitcoin experienced a downturn during the same period.
Influence of Liquidity and Government Interventions
He attributes these contrasting trends to the influence of liquidity and government interventions in the market, suggesting that the current financial landscape is heavily shaped by state actions rather than organic market movements. As a result, Bitcoin's struggles can be seen as a reflection of broader economic forces at play.
Recent developments in the financial markets, as discussed by Arthur Hayes, contrast sharply with the shifting focus of North American Bitcoin mining towards AI infrastructure. For more details, see this report.
