Robert Kiyosaki, the prominent investor and author of the bestselling book “Rich Dad Poor Dad,” warned that an economic collapse in the U.S. is inevitable, regardless of who wins the presidential election. He considers the $35 trillion U.S. debt an unsolvable problem and advises his followers to invest in gold, silver, and Bitcoin (BTC) instead of dollars. In an interview with Adam Taggart, he attributed the rising U.S. Treasury bond issuance to the increasing debt, which he claims will explode the U.S. economy. Kiyosaki believes that rising interest rates will make this debt very costly for taxpayers. He emphasizes the importance of asset ownership and deems discussions about the supremacy of gold or Bitcoin pointless. Kiyosaki also states that inflation caused by money printing forces retirees to return to work.
Source: finbold.com
