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

3 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.

user avatarMiguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.

user avatarLuis Flores

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.

user avatarArif Mukhtar

MARA Holdings Transfers 1,000 BTC to Exchanges Amid Market Scrutiny

MARA Holdings has transferred approximately 1,000 BTC to Binance and Gate over the past five days, raising questions about its treasury movements.

user avatarDavid Robinson

CryptoBilis Case Exposes Vulnerabilities in Hardware Wallets

The CryptoBilis case reveals vulnerabilities in hardware wallets, leading to $90 million in losses due to tampered devices.

user avatarMaria Gutierrez

California Reaches $500,000 Settlement with Fidelity Over Crypto Withdrawal Restrictions

California has reached a $500,000 settlement with Fidelity Digital Asset Services regarding restrictions on crypto withdrawals.

user avatarAndrew Smith

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.