With the US debt ceiling talks leading to no results, economists are wondering whether this situation could turn out to be a massive global financial crash, despite politicians still claiming that there will be a soft landing.
Robert Kiyosaki, however, doesn’t believe this assertion and urged investors to turn to gold, silver, and bitcoin to protect themselves.
- Republicans and Democrats are still unable to decide whether the US should raise the debt ceiling, and questions continue to arise if the country will default on its debt for the first time. But even if both parties strike a deal, the damage to the world’s largest economy could have been done already.
- As such, the author of Rich Dad, Poor Dad, known for his pessimistic views on the current global economy and its prospects, asserted that there will be no “soft landing” despite the lack of concern from President Biden.
- Kiyosaki also brought corruption in the country, which he believes is high due to the current leaders. He believes there are three assets that investors can buy to protect themselves, and one of it is the largest cryptocurrency by market cap.
- In a separate tweet, Kiyosaki went against Biden, saying the current US president is the most “senile, corrupt, and incompetent” one in the country’s history