[2024-01-03] Robert Kiyosaki: Our Leaders Will Drive Us Into Depression, War ...

[chmod755]

Robert Kiyosaki: Our Leaders Will Drive Us Into Depression, War — Reiterates Bitcoin Buy Recommendation

Rich Dad Poor Dad author Robert Kiyosaki has warned that our leaders will drive the U.S. economy into an economic depression and a war. The famous author has reiterated his recommendation to buy bitcoin amid high anticipation of the U.S. Securities and Exchange Commission (SEC) approving spot bitcoin exchange-traded funds (ETFs).

Robert Kiyosaki on Depression and War

The author of Rich Dad Poor Dad, Robert Kiyosaki, has warned that our leaders will drive us into an economic depression and a war. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

He explained on social media platform X Saturday that the “Definition of insanity is doing the same thing over and over again and expecting things to change.” He emphasized, “Our leaders, the 3 Stooges Biden as President, Yellen as Treasury Secretary and Powell as Fed Chairman, are doing us a favor,” warning:

They will drive us into Depression and War. Don’t be the fourth Stooge. Buy gold, silver, and bitcoin. Time to get smarter and get richer.

Kiyosaki has repeatedly expressed concern about the potential for significant economic turmoil in the near future. In December 2023, he warned that the next crash may turn into a depression. He also raised concerns about a giant market collapse, a war, and really hard times ahead for millions of people. Moreover, Kiyosaki recommends preparing for hyperinflation and suggests bitcoin as a potential safeguard against these economic challenges.

The renowned author has advised investors to buy gold, silver, and bitcoin for quite some time. He even recommended buying bitcoin exchange-traded funds (ETFs) which the Securities and Exchange Commission (SEC) could soon approve. In November last year, Kiyosaki urged investors to get into BTC now, “before it’s too late.” He stressed that bitcoin provides lifelong financial security and freedom, predicting that BTC is headed for $135,000 and will become priceless when the Federal Reserve launches a central bank digital currency (CBDC).

Source: https://news.bitcoin.com/robert-kiyosaki-our-leaders-will-drive-us-into-depression-war-reiterates-bitcoin-buy-recommendation/

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[pawel7777]

Am I the only one who can't stand that guy? He's pro-bitcoin, that's nice, and that's about the only good thing I can think of him. I can't understand how he managed to elevate himself to the role of a financial expert and be taken seriously for so long.
He literally got rich from telling others how to get rich. He admitted that his best-selling book was fictional. All he offered was a motivational, feel-good crap, with no solid advice or lessons and with some bits being illegal (encouraging insider trading).

And now he just keeps preaching the impending doom for who knows how many years now, while simultaneously throwing around BTC/gold/silver predictions out of the ass.

[stompix]

Am I the only one who can't stand that guy?

No, I just want to puke every time somebody claims this guy is a financial expert of something!

He literally got rich from telling others how to get rich. He admitted that his best-selling book was fictional.

He basically got rich like J. K. Rowling, writing about Harry Potter, not by being able to use magic herself  
But this is not the worst about him, while he is good about fantasy trading and investment the guy has gone bankrupt in every business he has tried from himself:

Kiyosaki started a company called Rippers back in 1977, which sold nylon and Velcro surfer-style wallets. This company ended up going bankrupt
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Velcro Wallet Company bankruptcy, Kiyosaki tried to partner with the competition instead, and work together to try and achieve his goal.  Ultimately this resulted in the same outcome, and this business went bankrupt as well.  
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Rich Global LLC filed for bankruptcy 7 August 2012 in the Wyoming bankruptcy court. The company was ordered to pay around $24 million to Learning Annex, which they did not have the funds for.

Despite his so called "talents" he has been unable to actually run a profitable business in 40 years of trying to do so, anyone taking advices from this guy and doing so will pay the price for trusting him or believing his advices.