Kiyosaki Warns: Great Depression Looms, Invest in Bitcoin

Generated by AI AgentCoin World
Monday, Feb 10, 2025 10:40 am ET1min read

Best-selling personal finance author Robert Kiyosaki has warned that another Great Depression is on the horizon, which could devastate the lives of millions of Americans. In a recent post on the social media platform X, Kiyosaki, known for his book "Rich Dad Poor Dad," stated that the "prophecy" he wrote in 2014 about the biggest market crash in history is now coming true in 2025.

Kiyosaki advises his 2.7 million followers to shelter from the expected depression by investing in Bitcoin (BTC), precious metals, and cash-flowing businesses. He believes that markets are crashing, and if his prediction comes true, millions will lose their jobs, stocks, and homes. Kiyosaki hopes he is wrong, but he stands by his earlier prediction.

For years, Kiyosaki has been advising people to buy gold, silver, and Bitcoin. He also suggests starting a business that can thrive during the coming depression, such as raising vegetables, chickens for eggs, or cattle if one has the land.

Recently, Kiyosaki revealed that he is unloading his gold and silver for Bitcoin, as he believes BTC can "probably go to $250,000 a coin" in 2025. He attributes Bitcoin's success to the massive debt held by the US, currently over $36.2 trillion. Kiyosaki believes that the US government's printing of money at a rate of $1 trillion every 90 days is a bullish catalyst for Bitcoin.

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