Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Robert Kiyosaki warns of a 30-year bubble, continues to recommend holding Bitcoin.

robot
Abstract generation in progress

Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, recently warned of a global financial collapse that he calls the “30-year bubble.” He emphasized that Bitcoin and other hard assets remain important options in the context of increasing economic instability.

On social media X on November 29, Kiyosaki wrote briefly: “30-year bubble bursting” (The 30-year bubble is bursting). He explained that Japan's end of the 30-year “carry trade”—borrowing money and pouring it into global markets, from real estate, stocks, bonds, to commodities and businesses—has created the “largest bubble in the world.” He remarked: “Japan has pulled the plug on global assets and the historic collapse begins right after Thanksgiving.”

Kiyosaki also announced that he will share 10 ideas to help individuals cope with the asset bubble and rising unemployment rates. His first lesson focuses on investing in energy—specifically oil and natural gas—highlighting the increasing importance as AI technologies expand and require more energy.

On November 30, he continued to share his views on the declining purchasing power of fiat currency, advising followers to “stop holding fake money… and become a winner when the global economy crashes.” He reiterated the familiar lesson from Rich Dad Poor Dad: “Savers are losers.”

Kiyosaki revealed that he has been practicing his principles for a long time: accumulating silver since 1965, gold since 1972, Bitcoin since 2019, and Ethereum since 2023. His continuous advice to hold Bitcoin reflects the view that fiat money, especially the USD, is weakening, and hard assets like gold, silver, and Bitcoin are important safeguards against the risk of the greatest financial crisis in modern history.

BTC2.69%
ETH1.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)