Stupidity and Lack of Financial Education: The Biggest Threat to the US, says Robert Kiyosaki
Renowned investor and author Robert Kiyosaki has identified stupidity and the lack of financial education as the biggest threat to the United States. In an interview with podcast host John MacGregor, Kiyosaki expressed concerns about the decline of the “American Empire” and the rejection of the US dollar as the global reserve currency by other nations.
Teachers = Bureaucrats?
Kiyosaki criticized teachers, claiming that they were mere bureaucrats and lacked the knowledge required to educate students about finance and the economy. He questioned whether anyone would take financial advice from a bureaucrat, highlighting his skepticism towards trusting school teachers.
The author also condemned education in the US as “brainwashing” and expressed astonishment at what he perceived as widespread stupidity and ignorance. He criticized parents who praised their children’s education, referring to it as “denial,” and arguing that kids were being brainwashed.
Kiyosaki’s Other Threats to US Economy
In addition to emphasizing the lack of financial education, Kiyosaki has previously highlighted other factors that could contribute to the country’s economic downfall. These include hyperinflation, central bank digital currency (CBDC), and government misrepresentation of job growth statistics.
To protect against these threats, Kiyosaki recommends investing in precious metals like gold and silver, as well as alternative assets such as cryptocurrencies like Bitcoin (BTC) and Japanese Wagyu beef. He believes these investments offer better prospects than stocks.
Earlier this year, Kiyosaki warned that an increasing number of countries, particularly those in the BRICS group (Brazil, Russia, India, China, South Africa), are refusing to bow down to the US. He also speculated that Bitcoin could reach a price of $1 million if the economy crashed.
Hot Take: Stupidity and Financial Ignorance Pose a Grave Threat
According to Robert Kiyosaki, stupidity and the lack of financial education are posing a significant threat to the United States. He argues that teachers, whom he labels as bureaucrats, are ill-equipped to teach about finance and the economy. Furthermore, Kiyosaki criticizes the US education system as brainwashing, highlighting widespread ignorance. In addition to financial illiteracy, he identifies hyperinflation, CBDC, and government misinformation as factors that could contribute to economic decline. To safeguard against these threats, Kiyosaki advises investing in precious metals, cryptocurrencies like Bitcoin, and alternative assets like Wagyu beef. As countries increasingly resist US dominance, Kiyosaki warns of potential consequences and speculates on Bitcoin’s future value.
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