Robert Kiyosaki Urges Bitcoin Buying As US Recession Looms
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Key Insights Robert Kiyosaki warns of a looming US recession following Moody’s credit downgrade. “Rich Dad Poor Dad” author predicts higher interest rates and economic slowdown. Kiyosaki recommends Bitcoin, gold, and silver as protection against a financial crisis. Financial author Robert Kiyosaki has issued warnings about an imminent US recession following Moody’s downgrade of US debt. Amid this, the “Rich Dad Poor Dad” writer has reiterated his advice to purchase Bitcoin, gold, and silver as protection against what he believes could become a severe economic downturn comparable to the 1929 Depression. Robert Kiyosaki Links Moody’s Downgrade to Potential Economic Depression Robert Kiyosaki has shared his analysis of Moody’s recent downgrade of US debt and warned of serious economic consequences. In a detailed X post, the financial author explained what the recent the downgrade means. He stated: “Moodys, a credit rating agency, is warning the world the US is like a dead-beat dad who is spending borrowed money, without a job, and not taking care of his family.” Source: Robert Kiyosaki The Rich Dad Poor Dad author shared a potential chain reaction starting with the credit downgrade and predicted that it will probably mean higher interest rates. He stated that such a situation means a US in recession, which will make the economy, unemployment rise alongside a falling bond market, housing market, and weakening banks. He drew a comparison to historical economic collapse, adding that these conditions “may mean 1929 Depression.” Meanwhile, Robert Kiyosaki reminded followers that he had predicted this scenario in his 2013 book “Rich Dad’s Prophecy.” Despite the bleak outlook, he suggested that economic downturns create opportunities. Robert Kiyosaki Predicts Central Bank Collapse & Student Loan Crisis In earlier X posts, Robert Kiyosaki has been building a case for what he sees as a systemic failure in the global…
