Robert Kiyosaki says “we are in a global recession” – warns of soaring bankruptcies, unemployment and homelessness

Famed author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says we are in a global recession. Warning of soaring bankruptcies, unemployment and homelessness, he notes that there is good news for investors looking for “good deals“.

The last warnings of Robert Kiyosaki

Rich Dad Poor Dad author Robert Kiyosaki returns with new warnings about the U.S. economy and the global recession. Rich Dad Poor Dad is a book published in 1997 and co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in over 51 languages and in more than 109 countries.

Robert Kiyosaki tweeted on Saturday: “Q: What is worse than a great depression? A: A global recession“. He added:

Unfortunately, we are in a global recession. Hold on to your hats. Hard landing for the world. Bad news. Bankruptcies, unemployment, homelessness explode. Pensions are toast.

However, the famous author pointed out that there is good news for investors, saying, “The good deals [sont] everywhere. Gold, silver and bitcoin are priceless.

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In July of last year, Robert Kiyosaki warned that inflation could lead to a greater depression, noting that real estate is collapsing and layoffs are beginning. He also warned of hyperinflation and depression in April, predicting that the U.S. dollar is about to implode. In May, he reiterated, “Bad news. Depression to come“.

The author of Rich Dad Poor Dad is not alone in his concern about a global recession. In September of last year, the World Bank said the risk of a global recession in 2023 is increasing as central banks around the world simultaneously raise interest rates in response to inflation. In addition, the International Monetary Fund (IMF) has warned of a difficult year ahead for the global economy.

Robert Kiyosaki has regularly warned about the state of the U.S. economy while recommending that investors buy gold, silver and bitcoin. He has often said that he doesn’t trust the Biden administration, the Treasury, the Federal Reserve and Wall Street. He has pointed out that the Fed and the Treasury are destroying the U.S. dollar.

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He tweeted on January 14 that bitcoin, gold, silver and oil prices are rising, noting, “Good news for those who know that’inflation is permanent … now systemic … not transitory. Bad news for the uninformed, the poor, the middle class … anyone who thinks Biden cares about them and their families.

The famous author said in December that bitcoin investors will get rich when the Federal Reserve pivots and prints trillions of dollars. He explained in November that he was a bitcoin investor, not a trader, so he got excited when the price of bitcoin rose. In September, he urged investors to get into crypto now before the world’s biggest economic crash happens.

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