• 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

Analyst Predicts Increased Competition for Decentralized Exchanges

chest

Analyst Zero Kyle predicts that Binance's new trading service may increase competition for decentralized exchanges like Hyperliquid.

user avatarJesper Sørensen

EMURGO to Represent Cardano at TOKEN2049 Following Summit Cancellation

chest

EMURGO will represent the Cardano ecosystem at TOKEN2049 in Singapore on October 7 and 8, following the cancellation of the Cardano Summit.

user avatarFilippo Romano

Cardano Foundation Faces Second Defeat in Summit Funding Proposal

chest

The Cardano Foundation has faced a second defeat in its funding proposal for the Cardano Summit, highlighting a divide in community governance.

user avatarRajesh Kumar

Cardano Foundation Cancels Annual Summit Due to Lack of Community Support

chest

The Cardano Foundation has canceled its annual Cardano Summit after failing to secure the necessary community approval for funding.

user avatarLucas Weissmann

Coinbase Launches Direct INR Transactions in India

chest

Coinbase has launched direct deposit and withdrawal options for the Indian Rupee, enhancing its services in India.

user avatarEmily Carter

Analyst Predicts Major Breakout for XLM Amid Bullish Sentiment

chest

Crypto analyst MikybullCrypto predicts a major breakout for XLM, projecting a bull market target range between $5 and $11, citing historical patterns and current market conditions.

user avatarTomas Novak

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.