George23 on Nostr: America is in a sad state, Robert Kiyosaki says, adding he'll stick with Bitcoin and ...
America is in a sad state, Robert Kiyosaki says, adding he'll stick with Bitcoin and precious metals amid debt default
The author of the famous financial literature remains negative about the state of the economy and public finances of the United States.
Robert Kiyosaki says he is relying on store of value in a deteriorating financial climate. It will continue to invest in what it says are "real assets," such as gold, silver and Bitcoin (BTC).
The popular financial writer told his millions of followers on Twitter that America is in a "sad" state right now due to rising national debt and financial inequality.
“ WHY is [the stock market] going up? Because the "debt ceiling" was removed. This means that the national debt will rise with the stock market. The rich get richer while America gets poorer. Sad.
Stick to real money and real assets: gold, silver, bitcoin, Kiyosaki added. “
The stated views of the investor are in accordance with the previous statements. In June, he warned that a number of regional banks and mortgage companies were on the verge of failure. He also said that a real estate crash is coming that will be worse than the subprime crisis of 2008.
Kiyosaki has long advised people to protect themselves against upcoming problems by investing in precious metals and major cryptocurrencies. According to him, while Bitcoin will reach a six-figure price tag already next year, the dollar, on the other hand, is facing problems due to the introduction of the new BRICS currency.
The author of the famous financial literature remains negative about the state of the economy and public finances of the United States.
Robert Kiyosaki says he is relying on store of value in a deteriorating financial climate. It will continue to invest in what it says are "real assets," such as gold, silver and Bitcoin (BTC).
The popular financial writer told his millions of followers on Twitter that America is in a "sad" state right now due to rising national debt and financial inequality.
“ WHY is [the stock market] going up? Because the "debt ceiling" was removed. This means that the national debt will rise with the stock market. The rich get richer while America gets poorer. Sad.
Stick to real money and real assets: gold, silver, bitcoin, Kiyosaki added. “
The stated views of the investor are in accordance with the previous statements. In June, he warned that a number of regional banks and mortgage companies were on the verge of failure. He also said that a real estate crash is coming that will be worse than the subprime crisis of 2008.
Kiyosaki has long advised people to protect themselves against upcoming problems by investing in precious metals and major cryptocurrencies. According to him, while Bitcoin will reach a six-figure price tag already next year, the dollar, on the other hand, is facing problems due to the introduction of the new BRICS currency.