Bitcoin

After sounding the alarm on the possibility of an unfolding major <a href="https://finbold.com/guides/finance/" rel="noopener noreferrer nofollow">financial</a> crisis, accompanied by <a href="https://finbold.com/guides/banking/" rel="noopener noreferrer nofollow">bank</a> failures, the United States dollar losing its position as the global reserve currency, and the <a href="https://finbold.com/category/stocks-news/" rel="noopener noreferrer nofollow">stock market</a> collapse, <a href="https://finbold.com/guide/who-is-robert-kiyosaki/" rel="noopener noreferrer nofollow">Robert Kiyosaki</a> now expects the worst real estate market crash in the country’s history.Indeed, the prominent <a href="https://finbold.com/guides/investing/" rel="noopener noreferrer nofollow">investor</a> and author of the best-selling <a href="https://finbold.com/guide/investment-books/" rel="noopener noreferrer nofollow">personal finance book</a> ‘Rich Dad, Poor Dad’ believes the “greatest real estate crash ever” is looming, comparing the prices of office towers in San Francisco in 2019 and today in his <a href="https://twitter.com/theRealKiyosaki/status/1666655120506105860" rel="noopener noreferrer nofollow">tweet</a> on June 8.According to Kiyosaki, who continues to question the political leadership in many of the affected cities, the 2023 crisis will overshadow the <a href="https://finbold.com/guide/the-great-recession/" rel="noopener noreferrer nofollow">Great Recession of 2007-2009</a>, and the only way to protect oneself is to <a href="https://finbold.com/guide/how-to-invest-in-gold-uk/" rel="noopener noreferrer nofollow">invest in gold</a>, silver, and Bitcoin (<a href="https://finbold.com/cryptocurrency/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>):<blockquote>“Greatest Real Estate crash ever. 2008 was the GFC. 2023 will make 2008 GFC look like nothing. In 2019 Office Towers in San Francisco were hot. In 2023 same buildings have lost 70% of value. What will WOKE cities do with office buildings? Homes for the homeless. Get G, S, BC.”</blockquote><h2 id="header-0">Continuous warnings</h2>Indeed, the <a href="https://finbold.com/category/finance-news/" rel="noopener noreferrer nofollow">financial</a> educator has been warning of the dark times for a while now and has been particularly critical of the current political landscape in the US, led by President Joe Biden, which he blames for the crashing economy, as well as the “<a href="https://finbold.com/robert-kiyosaki-warns-communist-us-economy-is-crashing-like-a-deflating-balloon/" rel="noopener noreferrer nofollow">communist</a>” and “criminal” financial and educational system in the country.Likewise, he has labeled the US fiat currency as “<a href="https://finbold.com/rich-dad-r-kiyosaki-projects-the-downfall-of-us-dollar-labels-it-toilet-paper/" rel="noopener noreferrer nofollow">toilet paper</a>” and “<a href="https://finbold.com/robert-kiyosaki-urges-buying-bitcoin-as-more-fake-money-to-invade-sick-economy/" rel="noopener noreferrer nofollow">fake money</a>” that he argues will flood America in the form of an “<a href="https://finbold.com/rich-dad-r-kiyosaki-sounds-the-alarm-an-economic-tsunami-is-coming/" rel="noopener noreferrer nofollow">economic tsunami</a>” and “<a href="https://finbold.com/robert-kiyosaki-warns-us-dollar-will-return-as-a-tidal-wave-of-toilet-paper-on-america/" rel="noopener noreferrer nofollow">tidal wave</a>” as the world rejects its dominance, <a href="https://finbold.com/rich-dad-r-kiyosaki-urges-to-buy-bitcoin-as-insurance-against-corruption/" rel="noopener noreferrer nofollow">advising</a> his followers to buy <a href="https://finbold.com/topic/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> and other alternative assets as insurance against the <a href="https://finbold.com/robert-kiyosaki-says-inflation-is-going-through-the-roof-and-will-have-deadly-consequences/" rel="noopener noreferrer nofollow">deadly consequences</a> of <a href="https://finbold.com/r-kiyosaki-warns-u-s-inflation-is-now-systemic/" rel="noopener noreferrer nofollow">systemic inflation</a> and corruption.More recently, Kiyosaki has <a href="https://finbold.com/robert-kiyosaki-warns-the-us-is-sitting-on-the-edge-of-a-great-depression/" rel="noopener noreferrer nofollow">alerted</a> his viewers of the potentially wide-reaching dangers of holding their money in small, regional banks, which he believes could follow their larger counterparts in crashing but without the prospect of bailouts by the government as the US is “sitting on the edge of a great depression,” <a href="https://finbold.com/" rel="noopener noreferrer nofollow">Finbold</a> reported on May 24.Featured image via The Rich Dad Channel <a href="https://www.youtube.com/watch?v&#61;ysgJxXtS1So" rel="noopener noreferrer nofollow">YouTube</a>Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

R. Kiyosaki warns of the ‘greatest real estate crash ever,’ urges buying Bitcoin

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Alte articole publicate pe 8 iun. 2023

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