• 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

The Importance of Shutdown Plans for Old DeFi Contracts

chest

The Aztec Connect incident highlights the necessity of shutdown plans for deprecated DeFi contracts to reduce security risks.

user avatarKofi Adjeman

Aztec Connect Contract Exposes DeFi Risks

chest

A security researcher has revealed a potential exploit in the Aztec Connect contract, highlighting the dangers of deprecated DeFi infrastructure.

user avatarTando Nkube

Farside Investors Implements Strict Editorial Policy

chest

Farside Investors has introduced a strict editorial policy focusing on accuracy, relevance, and impartiality to enhance content quality and reliability, improving trust and credibility among investors.

user avatarSatoshi Nakamura

Farside Investors Tracks ETF Flow Ledger

chest

Farside Investors is currently tracking ETF flow through their dedicated flow ledger, allowing them to monitor investment trends and movements for better insights into market dynamics.

user avatarNguyen Van Long

XRP Faces Key Resistance Levels Ahead

chest

XRP price is approaching significant resistance levels that could impact future movements.

user avatarJesper Sørensen

XRP Price Demonstrates Robust Ascending Trend.

chest

XRP price shows strong upward momentum, consolidating gains and aiming for higher levels.

user avatarRajesh Kumar

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.