The Economy Is in Trouble
Renowned finance author Robert Kiyosaki has issued a warning about the state of the United States economy. In a recent post, he predicted an impending crash and urged investors to prepare for it. Kiyosaki compared the situation to flight students being taught how to crash, emphasizing the lack of easy options for investors going forward. He believes that banks and the US economy will crash, and that there will be no soft landing. As a result, he advises investors to turn to alternative forms of wealth preservation such as Gold, Silver, and Bitcoin.
Bitcoin as a Safe Haven
Kiyosaki has consistently presented Bitcoin as a safe haven investment, particularly in times of political discontent. He has openly expressed his dislike for President Joe Biden and believes that the government cannot easily control assets like Gold, Silver, and Bitcoin. Kiyosaki sees Bitcoin as the best protection against hyperinflation, which he predicts will happen soon.
Hot Take: Kiyosaki’s Gloomy Prediction May Come True
With Bitcoin’s price inching toward $50,000 already, it seems that Robert Kiyosaki’s prediction of an impending crash may end up being accurate. As more investors consider alternative assets like Gold, Silver, and Bitcoin for wealth preservation, the crypto market could see increased activity and investment.
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