• Robert Kiyosaki, the financial guru and author of „Rich Dad Poor Dad,“ recently warned of an imminent global market meltdown.
• He encouraged his audience to invest in assets like gold, silver, and Bitcoin to protect their wealth against this potential crash.
• His warning was based on the mass layoffs that occurred in Silicon Valley companies in 2022 and Stansberry Research’s prediction of a Valentine’s Day disaster.
Robert Kiyosaki Warns of Imminent Global Market Meltdown
American businessman and author Robert Kiyosaki has long been an outspoken advocate for Bitcoin, and recently issued a warning about a potential market meltdown to his 2.3 million followers. The New York Times bestselling author believes that time has come for a worldwide financial disaster due to the mass layoffs that occurred in Silicon Valley companies in 2022 as well as Stansberry Research’s prediction of a Valentine’s Day disaster.
Silicon Valley Layoffs
In 2022, most Silicon Valley companies laid off a total of 144,000 workers followed by 66,000 additional individuals losing their jobs within the first month of 2023. Companies such as Meta, Amazon, Google, Microsoft and Zoom have all experienced significant losses due to the current market situation.
Stansberry Research Prediction
Stansberry Research suggested that there will be a “Valentine’s Day Disaster” which could cause stocks markets around the world to crash along with commodities such as Gold and Silver as well as cryptocurrencies like Bitcoin.
Kiyosaki’s Advice
Kiyosaki advised his followers to take precautionary measures by investing in assets such as Gold, Silver and Bitcoin regardless of whether or not their prices recover from this potential downturn. He believes these assets can provide stability during times of economic turmoil due to their scarcity and decentralized nature.
Conclusion
Robert Kiyosaki is one among several prominent figures who are advocating for increased investment into cryptocurrencies like Bitcoin during times of economic uncertainty. As more investors are turning towards digital assets for protection against global market meltdowns, it is important for them to educate themselves about these products before entering into any investments decisions related to them