Robert Kiyosaki: US Economy Will Collapse

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Renowned author and entrepreneur Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” recently declared the United States as bankrupt and urged people to invest in gold and the top cryptocurrency.

According to him, various markets such as stocks, bonds, and real estate are on the brink of a collapse. He also highlighted how US debt is constantly increasing at an alarming rate and that people should protect themselves by buying tangible assets such as gold, silver, and Bitcoin.

In January, Kiyosaki had predicted a surge in Bitcoin’s value to $150,000 amid the approval of spot Bitcoin ETFs in the US. He sees Bitcoin as a means to safeguard savings from being stolen by governments and bankers through inflation, taxes, and manipulation of stock prices.

As a result, he prefers to invest in digital gold and encourages others to do the same. The successful writer had also earlier predicted that Bitcoin would reach $300,000 by the end of this year.