Robert Kiyosaki, famous author of Rich Dad Poor Dad, says we are in a global recession. Expert warning about rising bankruptcies, unemployment and homelessness; He noted that there is good news for investors who are looking for “bargains,” that is, assets that are available for purchase. In line with this, he praised gold and a cryptocurrency. Here are the details…
Robert Kiyosaki’s latest warnings: What did the expert say?
Robert Kiyosaki, author of Rich Dad Poor Dad, is back with more warnings about the US economy and the global recession. Rich Dad Poor Dad is a 1997 book co-written by Kiyosaki and Sharon Lechter. Moreover, it has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 109 countries in over 51 languages. In his most recent tweet, Kiyosaki revealed his answer to the following question:
Question: What’s worse than a major depression? The answer: a global recession. Unfortunately, we are in a global recession. Wait. There are severe crashes around the world. There is bad news. Bankruptcy, unemployment and homelessness are on the rise. Retirees are already gone.
Bitcoin, silver, gold: Priceless!
However, the famous writer pointed out that there is good news for investors, and said, “There are bargains everywhere. Gold, silver, Bitcoin… priceless,” he said. In July last year, Kiyosaki warned that inflation could lead to a greater depression, noting that real estate was falling and layoffs had begun. He also warned of hyperinflation and economic depression, predicting that the US dollar was about to burst in April. In May, “Bad news. Depression is coming,” he said.
The Rich Dad Poor Dad author isn’t the only one worried about a global recession. As we reported on Kriptokoin.com, in September last year, the World Bank said that the risk of a global recession in 2023 increased as central banks around the world simultaneously increased interest rates in response to inflation. In addition, the International Monetary Fund (IMF) warned the world economy for a tough year.
Kiyosaki: Bitcoin investors will get richer
While advising investors to buy gold, silver and Bitcoin, Kiyosaki regularly warned about the state of the US economy. He has often said that he does not trust the Biden administration, the US Treasury, the Fed, and Wall Street. He stressed that the Fed and the Treasury were destroying the US dollar. On January 14, he tweeted that the prices of Bitcoin, gold, silver and oil were rising, noting:
Good news for those who know that inflation is permanent… it is no longer systemic… it is temporary. Bad news for the ignorant, poor, middle class… for anyone who believes Biden cares about them and their families.
The famous writer said in December that Bitcoin investors will get richer when the FED turns and prints trillions of dollars. In November, he revealed that he is a Bitcoin investor, not a trader, so he gets excited when the price of BTC drops. In September, he urged investors to invest in crypto just before the world’s biggest economic crash occurred.
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