Kiyosaki Predicts the Great Recession, Says Only Those Holding Bitcoin Will Survive

According to financial author and investor Robert Kiyosaki, the world is on the brink of a new Great Depression. He warns that a major market crash will wipe out the assets of many stock and bond investors, while those holding Bitcoin may emerge as the main winners. Kiyosaki directly accused financial planners and investment advisors of deceiving clients by telling them that bonds are safe. His argument is that in the event of a market collapse, no traditional market assets are safe. To demonstrate, he pointed out the downturn in the commercial real estate sector and the credit rating agency Moody's downgrade of U.S. bonds. The author of the book "Rich Dad Poor Dad" notes that Asian investors are actively buying gold as U.S. bond yields continue to decline. He reveals that he has been continuously buying Bitcoin, gold, silver, oil, and livestock over the years as the main assets that will increase in value when a crisis occurs. Kiyosaki points out that shareholders and bondholders will suffer significant losses, but those who hold Bitcoin can weather this storm because, like gold, Bitcoin has the ability to hold its value. Trump's Order Paves the Way for Bitcoin in Retirement Accounts Kiyosaki also praised the current US president Donald Trump for signing an executive order allowing 401(k) retirement accounts to include private equity, real estate, and Bitcoin. He called this a good move for investors needing a safer option outside of the traditional market. However, Bloomberg's ETF analyst, Eric Balchunas, is uncertain about the immediate impact of this order. He explains that most fund managers are still focused on stocks and bonds, and they may not want to include Bitcoin in their portfolios, partly because they do not know how to manage it properly. The market performance of Bitcoin is very strong, increasing by nearly 3% in the past 24 hours. This cryptocurrency temporarily reached 117,000 dollars and is currently slightly down to 116,860 dollars. Kiyosaki also believes that these fluctuations support the idea of Bitcoin as a hedge against the instability of the rest of the market. Kiyosaki maintains his stance that physical assets, especially Bitcoin, will be the solution to overcome the subsequent Great Depression. He urges investors to act to anticipate the impending collapse, which will cause disaster for the global financial system. Conclusion Robert Kiyosaki's warning further amplifies the urgency of the ongoing debate about market safety and diversification. His call to hold Bitcoin emphasizes his belief that alternative assets will play a crucial role in protecting wealth during periods of severe economic downturn.