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).
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