• The US debt ceiling talks have not yielded any results and economists are concerned about a potential global financial crash.
• Robert Kiyosaki, the author of Rich Dad, Poor Dad, recommends investors to buy gold, silver and bitcoin to protect themselves.
• Kiyosaki believes that corruption is high due to the current leaders in the US.
US Debt Ceiling Talks
The US debt ceiling talks have been ongoing without yielding any results. Economists fear that this situation could lead to a massive global financial crash despite politicians still claiming there will be a soft landing.
Robert Kiyosaki’s Advice
Robert Kiyosaki, author of Rich Dad, Poor Dad had some harsh words against US President Joe Biden regarding the lack of concern from him on this issue. He urged investors to turn to gold, silver, and bitcoin as insurance against such events.
High Corruption Levels
Kiyosaki believes that corruption is high due to the current leaders in the US which makes it even more important for investors to safeguard their assets. He believes these assets can be best protected by investing in gold, silver and bitcoin.
No Soft Landing?
Despite both parties trying to strike a deal on raising the debt ceiling, Kiyosaki still doesn’t believe it will result in a soft landing for the world’s largest economy – rather he believes it will lead to a crash landing instead if nothing is done soon enough.
The Best Insurance Against Incompetence?
In conclusion, Kiyosaki asserts that gold, silver and bitcoin are still the best insurances against corruption and incompetence from current leaders in an uncertain economy like today’s.