Best-Selling Author Robert Kiyosaki Sounds Alarm: Crash Landing Ahead
Robert Kiyosaki, the renowned author of the highly popular personal finance book Rich Dad Poor Dad, has expressed concerns about the future state of the economy.
In a recent message to his Twitter followers, Kiyosaki warned that the economy is headed for a significant downturn.
SOFT LANDiNG? HARD LANDING? Or CRASH LANDING? I say crash landing. I hope I am wrong yet that is what I believe. Corruption is high & leaders corrupt. Buy gokd, silver, Bitcoin. Still best insurance against corruption & incompetence,
— Robert Kiyosaki (@theRealKiyosaki) May 18, 2023
Kiyosaki believes that a crash landing is inevitable, rather than a soft or hard landing. While he hopes that his prediction turns out to be incorrect, he emphasizes that corruption among leaders is rampant.
To safeguard against the predicted economic turmoil, Kiyosaki advises investing in Bitcoin (BTC) and the two most well-known precious metals.
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Just a few weeks ago, the author cautioned about the increasing yields of US Treasury Bills, indicating an imminent recession.
He highlighted Bitcoin, gold, and silver as the best options for hedging against the potential crisis. Additionally, Kiyosaki expressed concerns about the stability of the global banking system and its potential collapse.
Having shown optimism towards Bitcoin for some time, Kiyosaki previously forecasted a surge to $100,000 for the flagship cryptocurrency in April. He views Bitcoin as an attractive investment due to worries about the US dollar’s devaluation and the banking sector’s overall health.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
