Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, claimed that hyperinflation and despair are here. He also warned that the largest bubble in history is about to explode, recommending investors acquire gold, silver, and bitcoin before it happens.
The Most Recent Warnings from Robert Kiyosaki
Robert Kiyosaki issued a series of economic warnings on Friday. Kiyosaki and Sharon Lechter co-authored Rich Dad Poor Dad in 1997. It has been on the New York Times Best Seller List for nearly six years. The book has been sold in more than 109 countries and has been translated into 51 languages.
According to Kiyosaki, a Wile E. Coyote moment and the largest bubble explosion are on the way. Predicting hyperinflation and despair, the famed author 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 phoney 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 rates. It’s time to get rich once more. It’s time to become wise rather than greedy.” The prominent author wrote: “Weak enterprises and greedy investors will fail,” emphasizing that “weak businesses and greedy investors will fail.” Take care. There will be a recession and a crash.
As the Federal Reserve continues to combat 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.
Jack Dorsey, the CEO of Block Inc. and the former CEO of Twitter Inc., predicted hyperinflation in the United States and worldwide in October of last year. Ricardo Salinas Pliego, Mexico’s third-richest billionaire, has warned of significant currency inflation. He advised that you purchase bitcoin.
Furthermore, Kiyosaki has often warned of a major crash. He predicted a “great stock market fall” in October, adding that the United States would enter a new slump thereafter. He went on to say that we are living in the largest bubble in human history.
Last month, the author of Rich Dad Poor Dad predicted that the US currency would fall, advising investors to purchase gold, silver, bitcoin, Ethereum, and Solana. He underlined that the globe is in crisis and that the United States’ national debt is skyrocketing.
Kiyosaki threatened in the same month that the government would take all cryptocurrencies. 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.”
