Is the Stock Market Decline Just Beginning? "An Even Bigger Crisis Is Coming," Warns Rich Dad Author

U.S. National Debt Nears $40 Trillion
Kiyosaki Warns of Fiat Currency Collapse
Maintains Bullish Outlook on Bitcoin and Gold

Robert Kiyosaki, author of the global bestseller "Rich Dad Poor Dad," has once again issued a warning regarding the risks of a financial system collapse. He has pointed out the vulnerability of the fiat currency system and underscored the importance of holding "hard assets" such as Bitcoin, Ethereum, and gold. However, the market continues to show caution, as his repeated crisis warnings and bold price predictions spark debate.

Robert Kiyosaki. Yahoo Finance Capture

Kiyosaki recently used social media to deliver sharp criticism of the United States' fiscal situation, identifying the rise in national debt as a core risk factor. In reality, U.S. national debt, which was approximately $9 trillion at the time of the 2008 financial crisis, has now surged to nearly $40 trillion, more than quadrupling.

He pointed out that the government has been increasing debt on a massive scale within a short period and emphasized that such a fiscal structure is unsustainable over the long term. This warning implies that the issue extends beyond public finances and could become a broader burden on currency value and the overall financial system.

"The Rich Don't Hold Cash"…Kiyosaki Stresses Hard Asset Investment

Kiyosaki defined gold, silver, and Bitcoin as "hard assets," arguing that scarce assets outside government control are the ultimate store of value. He stressed that "the rich don't save money," emphasizing the need to invest in physical and digital assets as a hedge against inflation and currency depreciation. In fact, he has accumulated gold and silver for decades and recently expanded his holdings in Bitcoin and Ethereum.

He also highly valued the limited total issuance of Bitcoin, capped at 21 million coins, and acknowledged Ethereum's crucial role in the decentralized finance and stablecoin ecosystem.

"A Great Depression Is Coming"…Repeating Warnings, Mixed Market Response

Kiyosaki has continuously warned about the possibility of a global financial crisis. He has mentioned the potential collapse of the stock and real estate markets, and even the possibility of a repeat of the "Great Depression," urging investors to prepare.

However, there are mixed views regarding the credibility of his remarks, as these warnings have not aligned with actual market trends. For instance, contrary to his cautions, the U.S. stock market has remained on an upward trend in recent years, fueled by enthusiasm for artificial intelligence (AI) investments and expectations around interest rate policies. This has led some to view his claims as "excessive pessimism."

"Bitcoin to $750,000"…Maintaining an Ultra-Bullish Outlook

Kiyosaki continues to hold an extremely bullish outlook toward hard assets. He predicts that, following a major overhaul of the financial system, gold could rise to $35,000 per ounce, Bitcoin to $750,000, and Ethereum to $95,000.

Image to help understand the article. The Asia Business Daily DB

Nonetheless, some in the market argue that a cautious approach is needed. Gold and silver do not generate cash flow, and virtual assets are highly volatile, which makes them difficult to regard as stable investment vehicles.

Even so, some experts note that Kiyosaki's message goes beyond mere price forecasts. It provides meaningful insight by reminding investors of the need to reduce reliance on fiat currency-centric asset portfolios and diversify across a broader range of asset classes.

This content was produced with the assistance of AI translation services.