Robert Kiyosaki Warns of ‘Crash Landing Ahead’ as Bailouts Begin — Advises Buying More Bitcoin

2 years ago

Robert Kiyosaki Warns of 'Crash Landing Ahead' arsenic  Bailouts Begin — Advises Buying More Bitcoin

The celebrated writer of the best-selling publication Rich Dad Poor Dad, Robert Kiyosaki, has reiterated his bitcoin, gold, and metallic recommendation. Emphasizing that authorities bailouts person begun pursuing the collapses of Silicon Valley Bank and Signature Bank, Kiyosaki warned that the Fed volition inject much “fake money” into the “sick economy.”

Robert Kiyosaki’s ‘Crash Landing’ Warning

Rich Dad Poor Dad writer Robert Kiyosaki warned astir an incoming economical “crash landing” Monday aft 2 large banks were unopen down by regulators successful the U.S. Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

Kiyosaki tweeted:

Bail outs begin. More fake wealth to invade sick economy. Still urge aforesaid response. Buy much gold, silver, bitcoin. Take care. Crash landing ahead.

On Sunday, the U.S. Treasury Department, the Federal Reserve Board, and Federal Deposit Insurance Corporation (FDIC) issued a associated connection stating that depositors of Silicon Valley Bank and Signature Bank volition person entree to each of their money, and nary related losses volition beryllium borne by taxpayers. The Federal Reserve Board besides announced that it volition marque further backing disposable to eligible depository institutions.

Kiyosaki calls the U.S. dollar “fake money” due to the fact that it is backed by the afloat religion and recognition of the U.S. government, alternatively of being tied to “real money,” specified arsenic gold, helium antecedently explained.

The renowned writer has agelong advised investing successful gold, silver, and bitcoin, which helium precocious touted arsenic the “best for unstable times.” In a caller warning, helium predicted that “everything volition crash.” In December of past year, helium suggested that investing successful gold, silver, and bitcoin would pb to riches erstwhile the Fed pivots and prints trillions of dollars.

Earlier this month, helium cautioned that the satellite system is on the verge of collapse, informing of slope runs, frozen savings, and bail-ins. Prior to the shutdown of Signature Bank, helium predicted that different slope was set to crash. In January, helium said we are successful a global recession, informing of soaring bankruptcies, unemployment, and homelessness.

What bash you deliberation astir Rich Dad Poor Dad writer Robert Kiyosaki’s predictions and advice? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.

View source