Robert Kiyosaki, author of the best-selling financial book Rich Dad Poor Dad, has issued a stark warning about the future of the U.S. economy. Regardless of who wins the upcoming presidential election, Kiyosaki believes the country is headed for a massive economic crash due to mounting debt and ineffective political leadership.
Read more: Robert Kiyosaki Claims the Largest Stock Market Crash Has Already Started
Kiyosaki’s views align with observations by other financial commentators. Walker, host of THE Bitcoin Podcast, shared a chart showing the continuous rise in U.S. national debt under both Republican and Democratic administrations since the early 1980s. This trend supports Kiyosaki’s argument that debt accumulation is a persistent issue, regardless of political leadership.
U.S. national debt throughout administrations. Source:Walker
In addition to gold, silver, and Bitcoin, Kiyosaki has diversified his investments into lithium mines, carbon credits, and other cryptocurrencies, including Ethereum (ETH) and Solana (SOL). He has been vocal about the importance of these assets in navigating the anticipated financial downturn.
In late August, Kiyosaki reiterated his concerns about the increasing national debt, reinforcing his advice to invest in alternative assets. He argues that the U.S.'s growing debt burden and the declining value of fiat currency necessitate a shift toward more stable and potentially profitable investments.
Read more: Robert Kiyosaki Reveals Asset Strategies to Safeguard Against Fed’s ‘Criminal’ Policies
Robert Kiyosaki’s warnings underscore a broader concern about the U.S. economy’s trajectory and the effectiveness of current financial policies. His recommendations to invest in gold, silver, and Bitcoin reflect a strategy aimed at mitigating risk in the face of anticipated economic challenges.
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BrianRenowned author Robert Kiyosaki, famous for his book "Rich Dad Poor Dad," has shared his predictions on the future prices of Bitcoin, gold, and silver, alongside a stern warning concerning the risks associated with holding U.S. dollars, which he termed "fake money."
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Coinlive I don't trust our leaders, the Fed, the Treasury, or the stock market. —Robert Kiyosaki
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