Renowned Author Robert Kiyosaki Believes Bitcoin Can Save the American Empire
In a warning about the state of the American empire, financial expert Robert Kiyosaki highlighted the country’s growing debt and suggested that Bitcoin, gold, and silver could serve as potential saviors. He drew parallels between the American Empire and the Roman Empire to emphasize the dire situation. Kiyosaki pointed out that despite record-high debt levels, Americans are still placing massive bets, such as $68 billion on the Super Bowl event. He traced the history of U.S. debt, which has steadily increased over time due to events like wars and economic crises.
Kiyosaki Advises Considering Alternative Assets
Referring to ancient Rome’s downfall, Kiyosaki warned against entertainment-based investments that distract from underlying economic issues. He encouraged Americans to consider alternative assets like gold, silver, and Bitcoin for better investment options. Kiyosaki also cautioned about an impending fall in the stock and bond markets and advised reducing trust in fiat currencies like the dollar due to potential devaluation.
The Challenges Faced by the American Empire
The United States remains a dominant global force but faces challenges to its power projection. The Afghanistan conflict and tensions with Russia have strained its influence. China’s rise poses a significant challenge, leading to a shift in focus from Middle East conflicts to competition with China. Turkey, Iran, and India also contribute to shifting power dynamics. The U.S.’s debt trap further complicates matters with over $33 trillion in debt.
Vladimir Putin Criticizes the Use of USD in Economic Sanctions
Russian President Vladimir Putin criticized the use of the U.S. dollar in economic sanctions, calling it a “strategic mistake.” Amid severe US sanctions, trade shifted away from the dollar towards the Russian ruble and Chinese yuan. Putin highlighted how these sanctions harmed the U.S. economy and contributed to a decline in the dollar’s dominance.