Author of "Rich Dad Poor Dad": Moody's Downgrade May Trigger Economic Crisis, Suggests Allocating Assets Like Bitcoin
Odaily Planet Daily News: Robert Kiyosaki posted on the X platform stating that Moody's downgrade of the US debt rating indicates a potential recession in the US economy, with interest rates possibly rising, leading to an increase in unemployment rates. Markets such as bonds, real estate, and banks face risks, and there might even be a repeat of the 1929 Great Depression. He suggests people become entrepreneurs, invest in real estate that generates cash flow, and hold assets like gold, silver, and Bitcoin. He believes that economic crises also contain opportunities, making it easier to start businesses and purchase assets at low prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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