Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, is warning of an impending economic crisis. He believes millions will lose their jobs, homes, and investments.
A Looming Economic Crisis?
Kiyosaki, who boasts 2.7 million followers on X (formerly Twitter), claims his 2014 prediction of a major market crash is now coming to fruition. He’s calling it a “Greater Depression” and says it will impact millions. He contrasts this dire prediction with his earlier advice, suggesting those who heeded his warnings may fare better.
Kiyosaki’s Advice: Safeguarding Your Finances
Kiyosaki recommends several strategies to weather this potential economic storm:
- Invest in Bitcoin (BTC), precious metals, and cash-flowing businesses. He specifically highlights the potential for Bitcoin to reach $250,000 per coin.
- Consider self-sufficiency. He suggests starting a business that can thrive during a downturn, such as farming or raising livestock.
The US Debt Crisis and Bitcoin
Kiyosaki points to the massive US national debt (over $36.2 trillion) as a key factor driving his Bitcoin investment strategy. He’s even selling his gold and silver to buy more Bitcoin, believing the debt crisis makes Bitcoin a more attractive investment. He notes the lack of public discussion regarding how the US plans to address this enormous debt.
Disclaimer:
This information is for general knowledge only and does not constitute financial advice. Always conduct thorough research and consult with a financial professional before making any investment decisions./p>
