Kiyosaki Doubles Down On Bitcoin Advice Amidst Alarming National Debt
Rich Dad Poor Dad author Robert Kiyosaki has voiced apprehensions over the swift surge in the U.S. national debt, which has spiked by a trillion dollars within a brief period.
Advocating for a diversified investment strategy, Kiyosaki has reiterated his advice to investors to purchase bitcoin, gold, and silver. Asserting his commitment to his own counsel, Kiyosaki has recently bolstered his personal bitcoin holdings. Critiques of the U.S. government’s fiscal policies, including Kiyosaki, express concerns about the escalating national debt, emphasizing its potential to weaken both the U.S. economy and the U.S. dollar.
The national debt presently stands at $34.06 trillion, marking a $1.02 trillion increase since September 18 of the previous year, according to the Treasury Department. Alongside Kiyosaki, economists, politicians, and financial experts are sounding alarms about the ominous implications of the burgeoning national debt, with warnings of potential sovereign debt crises and the jeopardy of the U.S. dollar’s stability. Renowned figures like Peter Schiff, Rand Paul, and Jeffrey Gundlach have raised red flags, emphasizing the urgent need to address the escalating deficits and debt burdens.
Clever Robot News Desk 16th January 2024
