Financial Guru Robert Kiyosaki Warns of “Giant” Economic Crash Coming
On February 10, 2023, Robert Kiyosaki, the author of Rich Dad Poor Dad, warned on Twitter that an economic “Crash is here.” Kiyosaki issued the warning in the wake of high-profile layoffs taking place at Amazon, Facebook, Google, and Microsoft.
Kiyosaki tweeted:
CRASH is here. Silicon Valley first dominos fall laying off 144,000 in 2022. 66,000 more 2023. VALENTINES DAY MASSACRE predicted by Stansberry Research. Everything will crash including prices gold, silver, BC. Do not panic. Good news. I will buy more G,S,BC, real money w/ fake $.
CRASH is here. Silicon Valley first dominos fall laying off 144,000 in 2022. 66,000 more 2023. VALENTINES DAY MASSACRE predicted by Stansberry Research. Everything will crash including prices gold, silver, BC. Do not panic. Good news. I will buy more G,S,BC, real money w/ fake $.
— Robert Kiyosaki (@theRealKiyosaki) February 10, 2023
After this economic downturn goes down, Kiyosaki believes the Federal Reserve will be compelled to print billions to keep markets afloat, thereby debasing the value of the dollar.
Kiyosaki called attention to the rising prices of bitcoin, gold, and bitcoin in January as proof that financial conditions in the US are rapidly deteriorating. He believes that their prices are going to continue climbing upwards owing to how the “US poor and middle class getting poorer [and] deeper in bad debt.” He then urged his followers to not “get poorer” and “at least buy one silver coin,” noting that it is “Only $30 and start to get richer.”
As he usually does, Kiyosaki called on his followers to continue buying gold and silver, which he views as “God’s money”, or Bitcoin, which he believes is the people’s money.”
Kiyosaki is one of the most prominent contrarian voices in the world of finance. His emphasis on thinking outside the box and challenging conventional narratives on financial development have changed the lives of thousands of Americans. His advice, not the advice from mainstream financial analysts, could be the difference between someone thriving or totally imploding in the forthcoming economic collapse.
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