It’s been just reported that the important financial analyst Robert Kiyosaki revealed the fact that the US government is actually bankrupt. They are hiding this from people, as he hints. Check out the latest reports coming from the important figure in the crypto and financial space below.
US government, bankrupt?
The famous Rich Dad Poor Dad author Robert Kiyosaki is declaring the United States bankrupt due to trillions upon trillions of dollars in unfunded liabilities.
Kiyosaki posted on Twitter that the best store of value for their wealth is in gold, silver or Bitcoin (BTC). It’s also important to note the fact that he warned that we can see a worsening economic times ahead due to mounting unfunded US government costs.
“Politicians debating raising $30 trillion US debt limit bad comedy, ‘kabuki theater.’ Facts are: US bankrupt. Unfunded liabilities as Social Security are over $250 trillion. Financial market ‘derivative assets’ measured in quadrillions… thousands of trillions. WTF. Buy gold, silver and Bitcoin.”
One other thing that we really have to mention is the fact that the analyst has already predicted a crash-landing for the economy because the Federal Reserve has raised interest rates since last March in an effort to draw down inflation.
US reign might be coming to an end
Not too long ago, we also reported the fact that the Famed American investor and co-founder of the Quantum Fund, Jim Rogers, said not too long ago that the dollar’s reign as the world’s reserve currency is coming to an end.
In a new interview with Russian state-owned news agency Sputnik, Rogers stated the fact that America’s politicization of the dollar has both friends and foes focused on alternatives.
“Many people are starting to say, wait a minute. I don’t know if we want to use that money because it will have a problem someday. But also, the world’s international currency is supposed to be completely neutral. Anybody can use it for anything you want. But now Washington is changing the rules. And if they get angry at you, they cut you off.”
We suggest that you check out the previous article that we posted in order to learn more details about this.
