Robert Kiyosaki, the best-selling author of Rich Dad, Poor Dad, claims that hyperinflation and recession arrive. He also warned that the biggest bubble in history is about to explode, recommending investors acquire gold, silver, and Bitcoin before it happens.
Forewarning by Robert Kiyosaki
Robert Kiyosaki, the author of Rich Dad Poor Dad, issued a series of forewarnings about the US economy. Kiyosaki and Sharon Lechter co-authored Rich Dad Poor Dad in 1997. For nearly six years, it has been on the New York Times Best Seller List. The book has been sold in more than 109 countries and has been translated into 51 languages.
A Wile E. Coyote moment and the biggest bubble explosion are on the way, according to Kiyosaki. The famed author, predicting hyperinflation and depression, advises buying gold, silver, and bitcoin “before the coyote wakes up.”
The author of Rich Dad Poor Dad believes that the retirements of baby boomers will be “taken” and that the $10 trillion in phony money spending will come to a stop. The US government, Wall Street, and the Federal Reserve were all dubbed “thieves” by him.
“Repo market inversion,” Kiyosaki tweeted earlier this month. The last time something like this happened was in 2008… In 2008, I took out a $300 million loan to purchase fantastic real estate at discount prices. It’s time to get rich once more. It’s time to become wise rather than greedy.” The prominent author wrote: “Weak enterprises and ruthless investors will fail,” emphasising that “weak businesses and nasty investors will fail.”
Take care. There will be a downturn and a crisis.
As the Federal Reserve continues to fight the greatest inflation in more than 40 years, a rising number of experts and forecasters are predicting a recession for the US economy.
For example, JPMorgan Chase CEO Jamie Dimon recently stated that the probability of the Federal Reserve sending the US economy into recession is increasing. Former Treasury Secretary Larry Summers similarly stated that a recession, not a soft landing, is “the most likely” conclusion for the US economy.
Prior to this, Jack Dorsey, the CEO of Block Inc. and the previous CEO of Twitter Inc., projected that hyperinflation will occur in the United States and over the world. Ricardo Salinas Pliego, Mexico’s third-richest billionaire, recently warned of significant dollar inflation. He advised that you purchase bitcoin.
Many times, Kiyosaki has warned of a big crash. He predicted a “great stock market fall” in October, adding that the United States will thereafter enter a new slump. He went on to say that we are living in the biggest bubble in human history.
The author of Rich Dad Poor Dad predicted that the US dollar will fall, advising investors to buy gold, silver, bitcoin, Ethereum, and Solana. He underlined that the world is in crisis and that the United States national debt is skyrocketing.
The government will seize all cryptocurrencies, according to Kiyosaki. Nonetheless, he projected the demise of the US dollar, citing the Russia-Ukraine conflict as a safer shelter for crypto than the government’s “false fiat money.
Also Read: Ricardo Salinas Pliego: Warns of Dollar Inflation, Advising Investors to Buy Bitcoin to Save their Skin
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