Crashes on the horizon? During the economic disaster of 2008initially caused by the crisis of subprimethe bank Lehman Brothers was sacrificed as an example. To save the fiat currencies of States from their inflation more and more galloping since 2022, a sharp rise in central bank rates lead to the bankruptcy of several banks in the United States (including the Silicon Valley Bank) and Swiss credit in Europe. And the bestselling author Robert Kiyosaki is convinced that the current banking/economic crisis is not not finished. However, he sees Bitcoin (BTC) as a lifeline.
“Depression”, “Stock market crash”: Robert Kiyosaki fears for the economy
The famous author of “Rich Dad, Poor Dad” is a longtime bitcoin supporter. In effect, Robert Kiyosaki perceives the king of cryptocurrencies as he perceives gold and precious metals: a remarkable protection against crises and inflation.
And if he’s also interested in Satoshi Nakamoto’s invention, it’s for good reason. The best-selling author is indeed convinced that an important economic crisis looms. Of the kind that would make the serious bank failures last March for a “nice crisounette” of nothing at all.
“I don’t play in the stock or bond markets. (…) Too many signs point to a serious stock market crash. If your future depends on stocks and bonds, be careful and seek professional advice if necessary. I fear a depression is coming. »
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“Real currencies and assets” like Bitcoin, that’s all the truth
Before coming to his solutions, Robert Kiyosaki signal that the recent rise stock exchanges (which is for him, temporary) would be due mainly only to the provisional resolution of the thorny problem of the debt ceiling (debt ceiling) the United States.
Indeed, at the beginning of June, the Republicans ended up giving in to the request of the Biden administration toagain increase the abyssal debt of the USA. Note that the latter now stands at more than $32.55 trillion ! To come to solutions by Robert Kiyosaki they are quite simple but clear: gold, precious metals, bitcoin and other “real assets” are all lifebuoys in the great economic upheavals to come.
“Why is the stock market taking off? Because the “debt ceiling” has been removed [une fois de plus]. This means that the national debt [des États-Unis] rises along with the stock market. The rich are getting richer, while America is getting poorer. It’s sad. You have to stick to real currencies and assets: Gold, Silver, Bitcoin. »
And if for his part Robert Kiyosaki has been expressing this point of view for a long time, he is now far from the only one to consider the king of crypto-assets as a new monetary (r)evolution. Indeed, it is no less than Larry Finkthe CEO of the manager with 10 trillion dollars in assets BlackRockwhich considers that Bitcoin and cryptos “transcend currencies”.
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