Expert Robert Kiyosaki Paints a Dire Picture: US Nosedive Imminent Following Credit Rating Cut
Renowned author Robert Kiyosaki asserts that the United States economy is on the brink of significant turbulence following a credit rating downgrade by Fitch.
The credit rating agency recently lowered the country’s long-term stance from “AAA” to “AA+,” citing projected fiscal decline in the upcoming years and the government’s mounting debt. Kiyosaki, famous for his book “Rich Dad Poor Dad,” interprets this downgrade as a foreshadowing of challenging times for the US economy. He has been sounding the alarm for over a year, cautioning that the Federal Reserve, Treasury, and major corporate leaders have been operating under unrealistic assumptions.
Kiyosaki, who accurately predicted the 2008 financial crisis albeit with a slightly early timeframe, recently warned of an impending historic downturn and an impending stock market crash, even hinting at the possibility of an economic depression. In response to his gloomy economic outlook, he reaffirms his commitment to investing in tangible assets like gold, silver, and Bitcoin (BTC), known colloquially as “real money and real assets.”
Clever Robot News Desk 10th August 2023
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