'Rich Dad Poor Dad’ Author Kiyosaki: ‘We are About to Enter Very Tough Economy’

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Renowned Bitcoin investor and financial expert makes tough prediction about next turn of US economy

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In the meantime, the world’s flagship cryptocurrency, Bitcoin, has established a new historic price peak, reaching the $73,637 level and adding fuel to the fire of the crypto community’s enthusiasm. Bitcoin has been soaring on the wave of stable ETF purchases and expectations about rate cuts this year.Robert Kiyosaki has taken to the X social media platform to share another gloomy prediction about the U.S. economy and financial markets.

LESSON #1: Your diet and exercise shows up in your body as health. LESSON # 2: Your attitude towards life shows up in your face.The first lesson from the financial guru and a seasoned investor stresses the importance of diet and exercise to keep one’s body in a healthy state for as long as possible. The second lesson from him is about a positive effect of having a positive attitude toward life. The point of these lessons, Kiyosaki explains, is that he predicts that the U.S.

This first started in 2020, when the pandemic stepped into the world and lockdowns hit global economies, causing the crude oil price to drop below zero briefly and Bitcoin to fall below $4,000. In that year alone, the U.S. government injected more than $6 billion into the economy in the form of “survival checks” and bailouts for banks and corporations.

The money printing continued over the past few years, and in 2023, more money emerged from the Fed’s printer when the U.S. was struck by a banking crisis.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.

 

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