He made
this assertion via his verified Twitter account where he ascribed this to the
lifting of the US national debt ceiling, stating that the national debt will
continue to rise along with the US stock markets.
He
advised people to stick to what they consider real money and real assets such
as gold, silver, and Bitcoin.
Prior to
this tweet, Kiyosaki had restated his warning about a major financial crisis, cautioning
that enormous crash was imminent.
The leading
investor equally regurgitated the BRICS summit scheduled to take place in
Africa on August 22, 2023.
According
to him, he got wind of plans being perfected by the leaders of BRICS countries
(Brazil, Russia, India, China, and South Africa) on creation of a new
gold-backed currency for trade to free themselves from the dominance of the US
dollar.
He
stated that success of the plan would precipitate trillions of US dollars flowing
back to the countries that export them, which could orchestrate a gargantuan
collapse in the American economy.
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