After getting the Best Seller Global “Rich father, poor father“, Robert Kiyosaki became a reference for investments. Within that framework, he anticipated some alternatives to an imminent depreciation of the financial market.
Through a publication on social networks, the author recalled that in 2014 he visualized “the greatest fall in the value market market” and pointed out that “unfortunately that prophecy will come true in 2025”. “The markets are collapsing and I am concerned that the world can be entering another great depression,” He warned.
Within that framework, he predicted that “millions of people will lose their jobs, actions and homes” and stressed that “for years I have advised people to do what I do, which is Buy gold, silver and bitcoin “.
“It is also possible that you want to start your own business, which will prosper during the next depression,” he continued and said that “In case of crisis, the real estate sector can have a good performance because prices collapse and homes become affordable.”
However, he clarified that “not all real estate will have good performance, even the cheapest. The properties in worse conditions will be office buildings and small commercial premises “.
He also stated that “The next great depression can be the best time to become very rich… but still has to invest in your own financial education. Stupid people, the one who does not have real financial education, will be the big losers “and pointed out that” the problem is that The majority of university graduates end the school very indebted and have no idea what a financial state is, And they don’t learn anything about money, investments or entrepreneurship. “
“Schools teach you to become an employee, seek job security and invest in the stock market, ” He analyzed and concluded: “I do not follow that advice. If you want to learn more about the power of a financial state, play the cash flow game ten times and teach it to ten person.”
His prediction on Bitcoin
Kiyosaki argues that Bitcoin is a key tool to preserve the value and an attractive investment option. Based on your projections, predicts that the price of Bitcoin could reach US $ 500,000 by 2025partly driven by the advance of artificial intelligence. In addition, it expects that by 2030 the cryptocurrency could be valued in one million dollars.
For his part, James Rickards, exassor of the United States Department of Defense and close to Kiyosaki, also believes that the future will bring great financial uncertainty, which will benefit the price of Bitcoin. Kiyosaki supports this position by stating that what he calls already began as The greatest fall in the history of the stock market. According to his vision, the financial crisis originated in 2008 with the explosion of high -risk mortgages and still persists, affecting the growth of the United States and the world.
Kiyosaki emphasizes that active such as bitcoin, gold and silver are on the way to experiencing a strong increase. In a recent publication, he criticized those who discuss which one is better between Gold and Bitcoin, suggesting that these real assets will benefit greatly when the Federal Pivot reserve towards a more lax monetary policywhich, in his opinion, will cause an increase in the value of these assets while capital leaves less safe investments.
Source: Ambito
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