Rich Dad Poor Dad author Robert Kiyosaki has cautioned about the impending downfall of the American empire, drawing parallels to the decline of the Roman Empire. “The Roman Empire ended in the same way with massive gladiators entertaining chubby Romans while their bankers debased their currency to pay soldiers and bills,” he said, adding that investors should buy bitcoin, gold, and silver.
Robert Kiyosaki Discusses ‘End of the American Empire’
The author of Rich Dad Poor Dad, Robert Kiyosaki, has issued another stark warning about the U.S. economy. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
The famous author wrote on social media platform X Friday: “End of the American empire? This week Americans will bet $68 billion on a game [Super Bowl]. At the same time, America’s debt is the highest in world history, a debt America can never pay back.” Currently, the U.S. national debt stands at over $34 trillion. Kiyosaki cautioned:
The Roman Empire ended in the same way with massive gladiators entertaining chubby Romans while their bankers debased their currency to pay soldiers and bills. History repeats because stupidity repeats. Don’t be stupid. Bet instead on gold, silver, bitcoin.
Kiyosaki has repeatedly warned about the downfall of the U.S. economy and the end of the U.S. dollar. This week, he cautioned that investors “will lose money because they do not know what to do with their money as banks fail and [the] world economy crashes.” He added: “Unfortunately the world of fake money is crashing and gold, silver, and bitcoin are parachutes for your personal soft landing.” Last week, he predicted that stock and bond markets are about to crash. He has also warned that our leaders will drive the U.S. economy into a depression and another war.
The renowned author has long been recommending bitcoin alongside gold and silver. He recently said BTC protects against theft by the Federal Reserve, the Biden administration, and Wall Street bankers. He believes the cryptocurrency will soon hit $150K, advising investors to pay attention to the upcoming Bitcoin halving.