Brief by Shorts91NewsDesk / 11:58am on 02 Mar 2025,Sunday Business
Financial expert Robert Kiyosaki, author of "Rich Dad Poor Dad," has echoed Elon Musk's concerns about the U.S. economy, highlighting systemic issues within the monetary system. In a recent post on Musk's platform, Kiyosaki criticized America's escalating debt, which includes obligations from social programs like Medicare and Social Security, totaling over $230 trillion when combined with the national debt of $36 trillion. He cautioned that if major bond purchasers like Japan and China cease their investments, it could lead to soaring inflation and a potential collapse of both the U.S. economy and the dollar. Despite Bitcoin's recent drop to $85,000—a 22% decrease from its January peak—Kiyosaki views such downturns as buying opportunities, advocating for investments in Bitcoin, gold, and silver over traditional currency.
