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The well-known writer of the best-selling e-book Wealthy Dad Poor Dad, Robert Kiyosaki, has warned of the “largest bond crash since 1788.” He harassed that the “actual downside” is within the bond market, which is “40 occasions bigger” than the inventory market. He’s ready for the worth of bitcoin to fall additional to purchase some.
Robert Kiyosaki Warns Bond Market Is Crashing
The writer of Wealthy Dad Poor Dad, Robert Kiyosaki, has made a number of contemporary predictions concerning the inventory and bond markets. Wealthy Dad Poor Dad is a 1997 e-book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Greatest Vendor Listing for over six years. Greater than 32 million copies of the e-book have been offered in over 51 languages throughout greater than 109 nations.
The well-known writer tweeted Friday:
U.S. bond market crashes. Largest bond crash since 1788 … Bond markets greater than inventory market. I’m shopping for extra gold, silver now, and ready for bitcoin to go decrease.
He additionally harassed that China’s actual property market is crashing, noting that there are “Over 90 million empty condos in China.”
In a follow-up tweet, the Wealthy Dad Poor Dad writer defined:
Losers watching inventory market. Actual downside is in bond market. Bond market 40 occasions bigger than inventory market. Please take note of bonds, not shares. Main crash to return.
He tweeted in April that bonds are the riskiest funding in a world meltdown. “Tragically rookie traders observe rookie recommendation of 60 (shares) 40 (bonds) combine,” he opined, recommending traders purchase gold, silver, and bitcoin “as insurance coverage in opposition to morons working the world.”
Kiyosaki has repeatedly warned about market crashes and the state of the U.S. economic system. This week, he warned that inflation could result in a “Larger Despair,” noting that actual property is crashing and foreclosures are up 700% from final 12 months.
In April, he cautioned about hyperinflation and despair. He additionally stated repeatedly that we’re within the largest bubble in world historical past. In March, he predicted that the U.S. greenback was about to implode, advising traders to purchase bitcoin (BTC), ethereum (ETH), and solana (SOL).
Kiyosaki has stated a number of occasions that he’s ready for bitcoin to backside out to purchase some extra. Final month, he revealed that he’s ready for the worth of BTC to check $1,100 earlier than shopping for. Earlier this month, he stated he’s in money place ready to select up bargains, together with BTC, as asset costs are crashing.
What do you concentrate on Robert Kiyosaki’s predictions? Tell us within the feedback part under.
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