Robert Kiyosaki Says ‘We Are in World Recession’ — Warns of Hovering Bankruptcies, Unemployment, Homelessness

The well-known creator of the best-selling e-book Wealthy Dad Poor Dad, Robert Kiyosaki, says that we’re in a world recession. Warning of hovering bankruptcies, unemployment, and homelessness, he famous that there’s excellent news for traders on the lookout for “bargains.”

Robert Kiyosaki’s Newest Warnings

The creator of Wealthy Dad Poor Dad, Robert Kiyosaki, is again with extra warnings concerning the U.S. financial system and world recession. Wealthy Dad Poor Dad is a 1997 e-book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Greatest Vendor Listing for over six years. Greater than 32 million copies of the e-book have been offered in over 51 languages throughout greater than 109 nations.

Kiyosaki tweeted Saturday: “Q: What’s worse than an important melancholy? A: a world recession.” He added:

Sadly, we’re in world recession. Grasp on. Tough touchdown for world. Dangerous information. Chapter, unemployment, homelessness soar. Retirements toast.

Nevertheless, the famed creator identified there’s excellent news for traders, elaborating: “Bargains [are] in all places. Gold, silver, bitcoin priceless.”

In July final yr, Kiyosaki cautioned that inflation might result in larger melancholy, noting that actual property is crashing and layoffs are beginning. He additionally warned about hyperinflation and melancholy in April, predicting that the U.S. greenback is about to implode. In Could, he reiterated: “Dangerous information. Melancholy coming.”

The Wealthy Dad Poor Dad creator just isn’t the one one involved a few world recession. In September final yr, the World Financial institution mentioned the danger of a world recession in 2023 is rising as central banks worldwide concurrently hike rates of interest in response to inflation. As well as, the Worldwide Financial Fund (IMF) has warned of a troublesome yr forward for the world financial system.

Kiyosaki has usually warned concerning the state of the U.S. financial system whereas recommending traders purchase gold, silver, and bitcoin. He usually mentioned that he doesn’t belief the Biden Administration, the Treasury, the Federal Reserve, and Wall Avenue. He harassed that the Fed and the Treasury are destroying the U.S. greenback.

He tweeted on Jan. 14 that bitcoin, gold, silver, and oil are shifting up in value, noting: “Excellent news for people who know inflation is everlasting … now systemic … not transitory. Dangerous information for the uninformed, poor, center class … anybody who believes Biden cares about them and their households.”

The well-known creator mentioned in December that bitcoin traders will get richer when the Federal Reserve pivots and prints trillions of {dollars}. He defined in November that he’s a bitcoin investor, not a dealer, so he will get excited when the value of BTC plunges. In September, he urged traders to get into crypto now earlier than the largest financial crash on this planet occurs.

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