- Author of “Rich Dad Poor Dad,” Robert Kiyosaki, expresses his anticipation of a mega market collapse in the coming period due to economic and political changes.
- Kiyosaki suggests that this combined effect could lead not only to a severe economic downturn but also to a potential war.
- On Tuesday, Kiyosaki shared his concerns about the collapse of the Cardboard Box Index on the X social media platform.
Robert Kiyosaki Strongly Recommends Bitcoin for a Potential Market Collapse: What Is the Reason Behind Kiyosaki’s Bitcoin Recommendations?
Kiyosaki’s Bitcoin Recommendations
Author of “Rich Dad Poor Dad,” Robert Kiyosaki, expresses his anticipation of a mega market collapse in the coming period due to economic and political changes. In a post on X, Kiyosaki emphasizes the impending challenges by pointing to the recent drama in the U.S. Congress.
Kiyosaki has repeatedly warned about a possible economic collapse in the United States. This time, Kiyosaki talked not only about financial turmoil but also about the Great Depression that this storm could bring.
Kiyosaki is concerned about the current U.S. administration, naming them the “3 Stooges.” The economic stance of the White House, the U.S. Treasury, and the Federal Reserve has been inadequate and has worsened the current situation. Various sanctions imposed on numerous united organizations and companies have angered the public against regulatory authorities.
Kiyosaki suggests that this combined effect could lead not only to a severe economic downturn but also to a potential war. He particularly warns millions of people facing economic difficulties to prepare for challenging times ahead.
Despite the gloomy outlook, Kiyosaki remains optimistic about the future. With the right mindset and preparation, he states that the next Great Depression could be the “best time of people’s lives.” Emphasizing the importance of taking proactive measures, Kiyosaki highlights the importance of purchasing assets like gold, silver, and Bitcoin as protection against economic turmoil where fiat money is devalued.
Collapse of the Cardboard Box Index
On Tuesday, Kiyosaki shared his concerns about the collapse of the Cardboard Box Index on the X social media platform. The Cardboard Box is an indicator used to assess consumer goods production. Kiyosaki claims it is a sign of a potential global economic downturn, indicating that shoppers are no longer shopping.
Connected with his recent economic concerns, Kiyosaki anticipates that the Treasury and the Federal Reserve will respond by printing trillions of fake dollars. The author also recommends investing in spot Bitcoin ETF funds for those who cannot buy Bitcoin. Kiyosaki suggests that spot Bitcoin ETF is a good option for investment in the shadow of Bitcoin.
This is not the first time Kiyosaki has warned about the possibility of despair. In February, he warned of a looming major collapse, predicting a depression. He forecasted gold to be $5,000, silver to be $500, and Bitcoin to be $500,000 by 2025.
