• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Robert Kiyosaki is concerned about the US national debt and advises buying Bitcoin

Robert Kiyosaki is concerned about the US national debt and advises buying Bitcoin

user avatar

by Max Nevskyi

2 years ago


The author of the bestseller "Rich Dad Poor Dad," Robert Kiyosaki, has expressed his concern about the rapid increase in the US national debt, which has grown by one trillion dollars in a short period. Due to this, Kiyosaki is urging investors to pay attention to Bitcoin, as well as gold and silver. He recently doubled his own investments in Bitcoin, following his own advice.

Kiyosaki emphasizes that the rise in national debt could weaken both the US economy and the dollar. He expressed his disappointment on social media, noting that the national debt has increased by one trillion dollars since the start of the NFL season. Kiyosaki urges investors to protect their assets from financial corruption and the incompetence of leaders. According to the Department of the Treasury, the US national debt currently stands at $34.06 trillion.

Other experts are also expressing concerns about the US national debt. Economist Peter Schiff believes that 2024 could set a record for the increase in national debt. He also warns of the possibility of a sovereign debt crisis or a dollar crisis by the end of the year. In November of last year, Moody's downgraded the US credit rating to "negative," citing the growing deficit and debt burden. Senator Rand Paul and billionaire Jeffrey Gundlach also express concerns about the national debt and its impact on the future of the dollar and potential inflation.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Research Proposal Puts Staking Economics in Focus

chest

A proposal titled Validator Redirected Revenue aims to address funding for public goods in the Ethereum ecosystem.

user avatarKofi Adjeman

Farside Investors Emphasizes Strict Editorial Standards

chest

Farside Investors has released a report that emphasizes its commitment to a strict editorial policy focused on accuracy, relevance, and impartiality.

user avatarNguyen Van Long

Meta is Set to Launch a New Prediction Market App Named 'Arena'

chest

Meta is reportedly developing a new app called Arena that will allow users to make predictions on events using points instead of real-world cash.

user avatarJesper Sørensen

Meta's Previous Ventures into Crypto and Prediction Markets

chest

Meta has a history of engaging with crypto technologies, including its previous attempt at a prediction market with the Forecast app, which was launched in 2020 and shelved in 2022.

user avatarSatoshi Nakamura

TurboFlow Secures $6 Million Seed Funding from Pantera Capital

chest

TurboFlow has successfully raised $6 million in a seed funding round led by Pantera Capital, indicating strong investor interest in platforms that integrate prediction markets and trading infrastructure.

user avatarRajesh Kumar

Securitize and tZERO Enter Legal Battle Over Tokenized Securities

chest

Securitize and tZERO are currently engaged in a legal dispute in Delaware concerning the infrastructure for tokenized securities.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.