• 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

SEC Launches New Working Group to Combat Retail Fraud in Crypto

chest

The SEC has launched a new Retail Fraud Working Group to address retail-facing promotions and scams in the crypto market.

user avatarRajesh Kumar

Dogecoin Whale Activity Influences Market Sentiment

chest

Recent whale activity in Dogecoin is providing traders with measurable insights as the price holds above support levels.

user avatarLucas Weissmann

Base Outperforms Arbitrum in Daily DEX Volume

chest

Base has recently surpassed Arbitrum in daily DEX volume, indicating its growing competitiveness in the DeFi space.

user avatarFilippo Romano

Kraken Broadens Spot Market Offerings in Response to Regulatory Developments.

chest

Kraken has recently listed SN64, showcasing its commitment to expanding spot markets even in a stricter regulatory climate.

user avatarEmily Carter

Kraken Broadens Spot Market Offerings in Response to Regulatory Developments.

chest

Kraken has recently listed SN64, showcasing its ability to adapt to user demand even in a stricter regulatory climate.

user avatarTomas Novak

MicroStrategy's Bitcoin Yield Update Highlights Corporate Treasury Strategy

chest

MicroStrategy's latest update on Bitcoin Yield emphasizes its strategy of Bitcoin treasury management, addressing investor concerns about the company's value creation beyond holding BTC.

user avatarKaterina Papadopoulou

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.