Global credit is monopolized by AI giants, and other sectors can't even get a sip; Hayes's warning must be heeded.

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MarsBitNews
Perpetual contract inventor Arthur Hayes: Only AI stocks are rising in the global capital markets, while other sectors are bleak.
Arthur Hayes stated during the "The Rollup" podcast on May 22nd that currently, only AI stocks are rising in the global capital markets, while other sectors are almost completely dormant. He analyzed three main reasons behind this: consumer unemployment leading to decreased demand, AI giants absorbing all available global credit, and governments prioritizing AI capital expenditure, which compresses financing space for other industries. Hayes straightforwardly said this is not a "rising tide lifts all boats" bull market; in crypto, only a few tokens are strengthening, making it a tough period for most people.
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