- Rising US Debt
- Investment Recommendations
- Forecasts and Warnings
In a recent address, Robert Kiyosaki, author of the bestseller 'Rich Dad Poor Dad,' emphasized the rising national debt of the US and suggested investing in gold, silver, and bitcoin to shield against economic instability.
Rising US Debt
On August 21, Robert Kiyosaki highlighted the increasing national debt of the US, claiming that the country accrues $1 trillion in debt every 100 days. He illustrated this point by stating that one trillion seconds equates to over 31,688 years.
Investment Recommendations
Kiyosaki suggested shifting investments to bitcoin and commodities like gold and silver. In his post, he noted that the US national debt stood at $35.21 trillion. In another post on August 18, he shared a 'Rich Dad' lesson on banking panics, highlighting the invisible stress in the banking sector.
Forecasts and Warnings
On August 16, Kiyosaki advised people to take control of their financial future rather than relying on the Federal Reserve. He again suggested investments in gold, silver, and bitcoin. 'Why do people look to the Fed for guidance? The Fed is the problem,' he said.
Kiyosaki emphasized the importance of a personal approach to financial security and urged avoiding the risks associated with a bankrupt banking system.
