Robert Kiyosaki Says ‘We Are in Global Recession’ — Warns of Soaring Bankruptcies, Unemployment, Homelessness – Economics Bitcoin News

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global crisis. While warning of inflation, unemployment, and homelessness, he said there is good news for investors looking for “business.”

Robert Kiyosaki’s Recent Warnings

The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with more warnings about the US economy and global recession. Rich Dad Poor Dad is a 1997 novel written by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million books have been sold in more than 51 languages ​​in more than 109 countries.

Kiyosaki wrote on Twitter on Saturday: “Question: What is worse than a great depression? A: global economic recession.” He added:

Unfortunately, we are in a global crisis. Keep waiting. The worst decline of the world. Bad news. Bankruptcy, unemployment, homelessness are on the rise. Retirement cysts.

However, the famous author said that there is good news for investors, clearly explaining that: “Investment [are] everywhere. Gold, silver, bitcoin valuables. “

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In July of last year, Kiyosaki warned that rising prices could lead to a major depression, saying that the real estate market was collapsing and layoffs were beginning. He also warned of hyperinflation and depression in April, predicting that the US dollar was about to collapse. In May, he also said: “Bad news. Depression is coming.”

The author of Rich Dad Poor Dad is not the only one affected by the global recession. In September last year, the World Bank said the risk of a global recession in 2023 is rising as central banks around the world raise interest rates in response to rising inflation. In addition, the International Monetary Fund (IMF) has warned of a very difficult year for the global economy.

Kiyosaki has consistently warned about the state of the US economy while encouraging investors to buy gold, silver, and bitcoin. He often said that he did not trust the Biden Administration, the Treasury, the Federal Reserve, and Wall Street. He emphasized that the Fed and the Treasury are destroying the US dollar.

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He wrote on Jan. 14 that bitcoin, gold, silver, and oil are rising in value, saying: “Good news for those who know that inflation is permanent … Bad news for the ignorant, the poor, the middle class … everyone who believes in Biden thinks about them and their families.”

A famous author said in December that bitcoin investors will get richer when the Federal Reserve pivots and prints billions of dollars. He explained in November that he is a bitcoin investor, not a trader, so he is happy when the price of BTC plunges. In September, he urged investors to get into crypto now before a major global financial crash.

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What do you think of Rich Dad Poor Dad author Robert Kiyosaki’s recent warnings? Let us know in the comments section below.

Kevin Helms

An Austrian Economics student, Kevin discovered Bitcoin in 2011 and has been a evangelist ever since. His interests lie in Bitcoin security, open systems, network effects and the intersection between finance and cryptography.

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