Kiyosaki warns of 2025 market crash and advocates Bitcoin
Robert Kiyosaki, the author of "Rich Dad Poor Dad," is warning of a significant economic downturn in 2025.
He anticipates a major market crash, potentially larger than the Great Depression, fueled by a real estate collapse, rising inflation, and widespread unemployment.
According to Kiyosaki, the global financial system is unstable, pointing to rising inflation, excessive government debt, and increasing layoffs as warning signs.
Kiyosaki suggests that traditional jobs are at risk and that relying solely on a salary could lead to a collapse in purchasing power.
He criticises the American Federal Reserve and the Treasury for exacerbating the crisis by printing "billions in fake money," which he believes fuels inflation.
Kiyosaki advises people to prepare rather than pretend.
He urges his followers to stop listening to government officials promising a "soft landing" and emphasises the importance of financial education and preparedness.
To navigate this potential crisis, Kiyosaki recommends investing in tangible assets like gold, silver, and Bitcoin (CRYPTO:BTC).
He refers to gold and silver as "God's currency" and Bitcoin as "the people's currency," highlighting their ability to escape the monetary manipulations of central banks.
Kiyosaki predicts Bitcoin could surge to $300,000 by the end of 2025, as investors seek alternatives to the dollar.
Billionaire investor Ray Dalio has voiced similar concerns, warning that the U.S. economy is heading toward a "debt death spiral" due to unsustainable government borrowing.
Dalio suggests the U.S. must reduce its deficit to 3% of GDP to avoid economic chaos.
Kiyosaki sees a market crash as an opportunity and says he will not sell his Bitcoin, gold, or silver.
Instead, he plans to buy more if prices drop significantly.
At the time of reporting, the Bitcoin (BTC) price was $98,209.59.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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