Debt, Protests, and the Euro: Hayes Sees France at the Epicenter
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Hayes’ analysis zeroes in on France, the eurozone’s second-largest economy, which carries one of the region’s heaviest debt burdens. He warns that the country’s fiscal crisis could trigger a wider loss of confidence in the eurozone.
He likened the looming response to “lighting the printing press on fire” and pointed to mounting social unrest as another sign of strain. In recent months, large demonstrations have swept Paris and other cities, with younger generations protesting debt, stagnant wages, and ECB austerity policies.
Hayes, who has previously predicted Bitcoin could reach $1 million by 2028 if the US Federal Reserve continues excessive money printing, is now applying the same thesis to Europe. Market observers, however, caution that his dramatic predictions often mix sharp rhetoric with selective data.