Robert Kiyosaki, a Bitcoin pro and author of Rich Dad Poor Dad, believes the US economy is in a slump.
Kiyosaki shared his views that the US economy is headed for decline. “I hope I am wrong, but I believe it,” the famous writer said in his statement.
A Challenging Period Awaits the US Economy According to Robert Kiyosaki
Robert Kiyosaki, author of Rich Dad Poor Dad, warned about the US economy. Kiyosaki used the following statements about the economy in his tweet:
“Soft landing? Hard landing? Or crash landing? I call it crash landing. I hope I’m wrong, but that’s my belief. Corruption is high and leaders are corrupt. Buy gold, silver, Bitcoin. Still the best insurance against corruption and incompetence.”
Kiyosaki has repeatedly expressed his concerns about corruption and incompetence within the US government and the Federal Reserve, and has repeatedly emphasized that he does not trust them.
As of last year, the Fed’s interest rate policy was highly criticized. There were even economists who attributed some bank failures to this attitude of the Fed. The Fed’s goal, however, was to reduce inflation to 2 percent. At this point, the Fed’s failure to meet its own target has been criticized by economic circles. In addition, many banks in the US announced that they are preparing for a possible recession as of this year.
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