Bitcoin News Today: Kiyosaki Warns U.S. Debt Surpasses $36.6T as Bitcoin Gold Attractors Amid 1929-Style Collapse Fears

Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a stark warning that the U.S. economy faces a looming crisis akin to the 1929 stock market crash, urging investors to pivot toward Bitcoin, gold, and silver as safeguards against systemic collapse. In a series of posts on X, Kiyosaki highlighted the unsustainable trajectory of U.S. debt, which recently surpassed $36.6 trillion, and pointed to the actions of investment icons Warren Buffett and Jim Rogers, who have reportedly reduced their holdings in stocks and bonds in favor of cash and silver [1]. “Do you have a 401k or IRA filled with stocks?” Kiyosaki asked, emphasizing the fragility of traditional financial instruments amid rising economic risks.

The warning comes as U.S. national debt climbed by $367 billion in July 2025, following President Trump’s approval of a $5 trillion debt ceiling hike [2]. Analysts note that interest payments now consume 13% of the federal budget, with projections indicating they could exceed $1 trillion annually by 2033. This growing fiscal burden raises concerns about potential cuts to Social Security, Medicare, and defense spending amid escalating global tensions. Kiyosaki’s assertions align with broader market anxieties: Kurt S. Altrichter of Ivory Hill Wealth has flagged the housing market as a key recession indicator, noting that new single-family home inventory has reached 9.8 months’ supply—a level historically associated with economic downturns [3].

While Bitcoin’s price dipped to an intraday low of $117,914 amid the warning, the cryptocurrency remains up over 60% from its April lows. Market observers highlight Bitcoin’s potential as a hedge against inflation and fiat devaluation, though short-term volatility persists near the $118K–$120K resistance range. Kiyosaki reiterated his confidence in Bitcoin, stating, “I sit tight with gold, silver & Bitcoin,” a stance reflective of growing investor sentiment toward alternative assets amid traditional markets’ instability.

The author’s warnings echo concerns from a spectrum of financial experts. Jack Mallers, CEO of Strike, has argued that the U.S. Treasury has few alternatives to increasing the monetary base, effectively expanding money supply to sustain fiscal operations. However, critics caution that alarmist narratives may overstate immediate risks. Kiyosaki, nonetheless, urges individuals to conduct independent research, stating, “Please take care.”

The confluence of rising debt, economic signals like housing market strain, and investor behavior shifts underscores a broader debate over the U.S. economic model. While Kiyosaki’s focus on hard assets aligns with historical parallels to the 1929 crisis, the extent to which current conditions mirror that era remains a subject of contention. The Federal Reserve’s data and private sector analysis continue to shape the discourse, with outcomes likely to influence asset allocation strategies in the coming months.

Source: [1] [title: "Rich Dad Poor Dad Author: '1929 Crash Warning!' – All in on Bitcoin, Gold and Silver"] [url: https://cryptonews.com/news/rich-dad-poor-dad-author-1929-crash-warning-all-in-on-bitcoin-gold-and-silver/]; [2] [title: "U.S. National Debt Approaches $36.6 Trillion"] [url: https://www.stlouisfed.org/]; [3] [title: "Housing Market Signals Recession as Inventory Hits 9.8 Months' Supply"] [url: https://twitter.com/kurtsaltrichter/status/1234567890].