Criticizing the US Government
Renowned investor and author Robert Kiyosaki has criticized the recent report by the United States Federal Government’s Bureau of Labor Statistics, which showed an increase in US employment in September. Kiyosaki argues that the report misrepresented the facts by including part-time workers and people with multiple jobs. In a tweet, he expressed his belief that this misrepresentation harms small businesses while benefiting larger ones. He described the situation as “Marxism, Socialism, Fascism” rather than true capitalism, which should support local small businesses.
Kiyosaki has long been critical of the US government, claiming that “America is broke” and predicting the end of the American Empire due to the de-dollarization of the world. He has also highlighted student debt as a major problem for the US economy, as it constitutes a significant portion of the country’s balance sheet. Recently, Kiyosaki expressed concerns about the US central bank digital currency project, FedNow Service, citing privacy implications. He encouraged his followers to invest in Bitcoin, gold, silver, and cash to protect against potential negative impacts caused by the introduction of a central bank digital currency.
Hot Take: Robert Kiyosaki Criticizes US Job Growth Report
Renowned investor and author Robert Kiyosaki has called into question the accuracy of a recent US job growth report released by the Bureau of Labor Statistics. According to Kiyosaki, the report misrepresented data by including part-time workers and individuals with multiple jobs. He argues that this misrepresentation disproportionately affects small businesses while benefiting larger corporations. Kiyosaki has long been critical of the US government, expressing concerns about the country’s financial stability and highlighting issues such as student debt. Additionally, he has voiced skepticism about the implications of the US central bank digital currency project, urging his followers to invest in alternative assets like Bitcoin and precious metals. Kiyosaki’s criticisms underscore ongoing debates about economic policies and their impact on different sectors of society.
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