Biggest Depression Ever is Coming, According Robert Kiyosaki
Robert Kiyosaki claims that rapid inflation would ‘take out half of the US population’ — what he means and how you may defend yourself With prices continuing to rise, the Fed is no longer referring to inflation as ‘transitory.’ This might give the Fed additional motivation to keep rising interest rates, which is already weighing heavily on the stock market. “When inflation rises, we’ll wipe out half of the US population,” he told Stansberry Research earlier this month. “America has stopped producing products; we now produce bubbles,” he adds, adding that there are bubbles in the real estate, stock, and bond markets. The stock market will tumble when the bubbles pop, according to Kiyosaki.
The Author of ‘Rich Dad, Poor Dad’ Believes the ‘Biggest Depression Ever’ May Have Begun
Anthony Pompliano’s “Pomp Podcast” episode #263, which aired on April 7, 2021, had an interview with Kiyosaki. Pompliano queried Kiyosaki about “traditional inflation hedge” assets during the conversation. Solana is still early, and although there is a chance, it is a long shot.” On April 25, Kiyosaki sent a tweet warning that the markets were on the verge of the worst economic disaster in history. Kiyosaki said that he was worried about the situation of the markets, implying that all major financial markets were in bubbles. He predicted that circumstances would quickly worsen into a “everything bust,” triggering the commencement of a major economic downturn.
The author of Rich Dad Poor Dad warned last month that the US currency will collapse, encouraging investors to purchase gold, silver, bitcoin, Ethereum, and Solana. The best-selling author of Rich Dad, Poor Dad, Robert Kiyosaki, says that hyperinflation and despair have come. On Friday, Robert Kiyosaki, the author of Rich Dad, Poor Dad, issued a series of economic warnings. Recent Robert Kiyosaki Alerts In 1997, Kiyosaki and Sharon Lechter co-wrote Rich Dad Poor Dad. The author of Rich Dad Poor Dad predicts that baby boomers will retire and that the $10 trillion in counterfeit money spending will come to an end.
According to Kiyosaki, the world’s growing debts, as well as geopolitical tensions between Russia and Ukraine, might spark a massive economic slump. His pessimistic view of the currency makes him positive about gold, silver, and Bitcoin (BTC). The Daily Hodl does not advise or encourage the purchase or sale of any cryptocurrencies or digital assets, nor is it an investment adviser. Please be aware that The Daily Hodl engages in affiliate marketing.
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