Robert Kiyosaki, renowned author of “Rich Dad Poor Dad,” has issued a stark warning about a potential economic crash, with the US dollar poised for devaluation.
Renowned author Robert Kiyosaki, known for his bestseller "Rich Dad Poor Dad," has issued a stark warning about a potential economic crash, with the US dollar poised for devaluation. Amidst this uncertainty, the American businessman advocates investing in Bitcoin, gold, and silver as a shield against the economic disaster.
In his latest X post, Robert Kiyosaki cautions against the impending economic recession, highlighting the fragile state of the US Dollar. Further, he predicts the "biggest stock and bond market crash in history."
"That giant crash has arrived. Those who take action and acquire real gold, silver, and Bitcoin...MAY come out of this premeditated disaster... the new rich and the new leaders of the world," Robert Kiyosaki stated.
Those who heed the warnings and advice from the greatest investor of all time—God—will be saved, and those who don't will be destroyed. The corrupt and crooked U.S. dollar is being wiped out, and traditional assets (stocks, bonds, ETFs, mutual funds) are losing wealth as the global banking system is being manipulated by central banks (Fed, Bank of England, Bank of Japan, European Central Bank, and Bank for International Settlements).
The billionaire businessman's predictions of the biggest stock and bond market crash in history, which began in April with the US president's tariff announcement, are coming true. During the first week of April, the stock market saw its highest fall since 2020.
As Bitcoin has a strong correlation with the stock market, experts predict a short-term correction for the crypto. While Bitcoin remained largely unaffected by the broader negative trends on the day, it fell to a four-month low of $74k. However, the downturn was brief, and Bitcoin's price rebounded sharply the next day.
This sudden resurgence of Bitcoin also bolsters Robert Kiyosaki's bullish stance on Bitcoin.
In other news, a recent report by the International Energy Agency (IEA) has revealed that solar energy is set to become the dominant renewable energy source by 2027, surpassing hydro power. This shift is being driven by the rapid deployment of utility-scale solar PV in response to the global energy crisis and the urgent need to decarbonize the power sector.
