“Everything Will Crash”.. famous economist warning investors

The famous economist, Robert Kiyosaki, warned investors that the stock and dollar markets are about to collapse and that the US economy is headed for recession.

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that “everything will crash,” including gold, silver, and bitcoin. However, he sees crashes as buying opportunities, noting that he will buy more bitcoin.

“fake” dollars

Citing that more than 144,000 people in the tech industry lost their jobs in 2022, and 66,000 more have been let go so far this year, Kiyosaki tweeted Friday that everything will crash, including gold, silver, and bitcoin.

 Nonetheless, he told his 2.3 million Twitter followers not to panic, adding that he will use “fake” dollars to buy more gold, silver, and bitcoin, which he called “real money.” 

The collapse of the US dollar

This will fuel the fact that the US Federal Reserve will print billions in “fake money,” explained the famous economist.

The biggest economic blow in the history of the world

Earlier, Kiyosaki warned investors of the imminence of a major stock market turmoil, advising them to buy cryptocurrencies before the US dollar collapses and transforms the entire financial system.

Kiyosaki predicted a prolonged slowdown, noting that bear markets are the best times for investors to make deals and make big returns.

Real money

Kiyosaki previously explained that gold, silver, and BTC are real money whereas the U.S. dollar is fake money “because rather than being tied to real money,” such as gold, “it was tied to the ‘full faith and credit’ of the United States.” The famous author has said on several occasions that he does not trust the Biden administration, the Treasury, the Federal Reserve, or Wall Street.