Why ‘Rich Dad, Poor Dad’ author thinks ‘We are in Biggest Bubble In World History?

Recently Robert Kiyosaki tweeted about the concerns about the economy and predicted the US Government might seize crypto

You might have heard of Robert Kiyosaki, the author who wrote one of the bestselling books Rich dad, poor dad. Robert is very active on social media platforms and regularly puts his thoughts primarily on finance and the economy. His Twitter followers count is more than 1.8 million. 

This time he tweeted his concerns and predictions about depression is coming in the economy and governments might be seizing the cryptocurrencies. On Tuesday, he asked on Twitter, do you have a plan B? 

Further, he said by calling out to everyone that we are in the biggest bubble in the entire world history. He considered bubbles in stocks, real estate, oil, and commodities. Rober pointed out Future also would be an effect of this bubble. Talking about possibilities, he said there would be depression in the economy and hyperinflationary situations. 

Mentioning his plan B, Robert is said to be an entrepreneur and stay away from the stock market while creating his assets and using debt as dollars. 

It’s not the first time Kiyosaki warning about an upcoming depression. Last year in December, he also predicted something similar, putting depression in coming. Robert has been a keen and consistent critic of the present US government, President Joe Biden, and their economy and financial steps. He often tweets blooming them and Federal reserves destroying the US dollar and bringing high inflation. 

Robert is bullish on cryptocurrencies, especially on Bitcoin, and is often seen recommending people to buy bitcoin as a hedge against inflation along with gold and silver. But in his Tuesday morning Tweet, he expected that US Governments would seize all the cryptocurrencies. 

In his tweet, he talked about the executive orders that President Biden signed regarding crypto regulation. Robert said that the next step after this would be launching a Fed Crypto, and then all the cryptocurrencies will be seized by the government so that it can bring its crypto. At the end of his tweet, he wrote bye-bye bitcoin. 

However most people didn’t believe him, instead, they told him that this can’t happen as it’s not possible because cryptocurrencies are decentralized and uncontrollable. People criticized him to think so and are optimistic about executive orders might have something good for cryptocurrencies. 

Robert Kiyosaki is a well-known and famous entrepreneur and bestselling author worldwide. His book Rich dad, Poor dad is perhaps the most talked-about book that remained on New York Times Best Seller list for over six years. The book has sold more than 32 million copies, and it has circulated in 51 languages across over 109 different countries. 

Last week concerning upcoming inflation, he advised investors to earn profit from inflation and invest like a capitalist. 

ALSO READ: Commentary: Bitfinex Trading Team On BTC Price Surge Following US Secretary’s Statement Of Biden’s Crypto Order

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

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