World Economy on the Verge of Collapse – Robert Kiyosaki

Robert Kiyosaki, the famous author of the best-selling book Rich Dad Poor Dad, is known for his views on the economy and financial markets.

In his latest warning, Kiyosaki has stated that the world economy is on the brink of collapse and urged investors to be prepared for the worst.

Rich Dad Poor Dad, co-authored by Kiyosaki and Sharon Lechter, has been a staple on the New York Times Best Seller List for over six years. It has sold more than 32 million copies worldwide in over 51 languages across more than 109 countries. Kiyosaki’s advice is widely sought after by investors and financial experts alike.

Kiyosaki has always been a proponent of precious metals, calling them “God’s money” and recommending that investors hold them in their portfolios. In a tweet, he warned of the risks of bank runs, frozen savings, and bail-ins that may be on the horizon. He also urged investors to purchase silver, emphasizing that it is an affordable and tangible asset that can help protect against financial downturns.

“Please. Please Please. World economy on verge of collapse. Runs on banks next? Savings frozen?

… I simply want you prepared for what is coming. You can buy a real silver coin for about $25. Please take care.”

Please. Please Please. World economy on verge of collapse. Runs on banks next? Savings frozen? Bail-INs next? I make no money when you to buy REAL silver coins. I simply want you prepared for what is coming. You can buy a real silver coin for about $25. Please take care.

— Robert Kiyosaki (@theRealKiyosaki) March 1, 2023

Kiyosaki’s concern about the state of the world economy is not new. He has frequently expressed his distrust of the Biden administration, the Federal Reserve, the Treasury, and Wall Street.

In the past, he has warned that the Fed’s actions could destroy the U.S. economy and the dollar. He has also raised concerns about the possibility of market crashes. He has advised investors to steer clear of stocks, bonds, mutual funds, and exchange-traded funds (ETFs).

Instead, Kiyosaki has recommended investing in bitcoin, gold, and silver. He believes that holders of these assets will benefit greatly when the Fed starts printing trillions of dollars. He predicts that Bitcoin will reach $500,000 by 2025, while gold will rise to $5,000 and silver to $500.

Kiyosaki’s warnings about the global economy come at a time when the world is still grappling with the aftermath of the COVID-19 pandemic. The pandemic has caused immense economic damage, leading to job losses, bankruptcies, and rising levels of homelessness. His predictions are a reminder that the economy is fragile and that investors need to be prepared for any eventuality.

In conclusion, Robert Kiyosaki’s latest warning about the world economy is a wake-up call for investors to take steps to protect their assets. His advice to purchase silver is sound, as it is a tangible asset that can help shield against financial downturns. While his predictions may seem dire, they serve as a reminder that the economy is fragile and that investors need to stay vigilant.

Author

Andrey Kunev

Reporter at CoinsPress

Andrey Kunev is a knowledgeable cryptocurrency content creator passionate about the crypto market. With extensive experience in market analysis and investment reporting, Andrey is a valuable asset to the CoinsPress team. As a frequent contributor, he offers insightful and comprehensive coverage of market trends, price fluctuations, and new advancements in cryptocurrency. Whether you're a seasoned investor or just getting started, Andrey's clear and concise writing offers a comprehensive look at the current state of the crypto market and its prospects. Stay up-to-date with CoinsPress's expert analysis and commentary on all things cryptocurrency.