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‘Rich Dad’ Kiyosaki warns ‘America’s economy is in serious trouble’

‘Rich Dad’ Kiyosaki warns 'America’s economy is in serious trouble'
Ana Zirojevic

In his recent post on X (formerly Twitter), a renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, shared his view on the American economy and the role of Elon Musk, as well as his social media platform and channel, in its preservation.

Specifically, Kiyosaki expressed his admiration for the Tesla (NASDAQ: TSLA) CEO and support for his X channel as “America’s economy is in serious trouble,” stating that he’s “got balls, something many men like [Sam Bankman-Fried (SBF)] and Hunter Biden lack,” in his X post published on December 16.

Kiyosaki vs. Biden

As a reminder, this is not the first time that the finance educator has taken a jab at the Biden family, criticizing last year’s Executive Order by President Joe Biden, which established the government’s position on cryptocurrencies and explored the creation of central bank digital currencies (CBDCs), calling it the “most treasonous act in US history.”

Earlier this year, Kiyosaki slammed the President over claiming that government bailouts, which ensued after the collapse of the Silicon Valley Bank (SVB) in March (followed by several other high-profile banks crashing), would not damage taxpayers, as Finbold reported on March 14.

In April, he explained that he based his decision to invest in Bitcoin (BTC) on his distrust of the Federal Reserve, the US Treasury, and the Biden administration, which he viewed as “liars” whose policies could lead to economic instability in the future, lauding Bitcoin, gold, and silver as a way to protect oneself.

More recently, the ‘Rich Dad’ author opined that the current war in the Middle East was about oil and the higher gas prices desired by “Biden & Marxists,” arguing that higher gas prices would contribute to the crisis, making “the poor poorer & liberal woke Greenies happier,” as he suggested buying Bitcoin, silver, and gold.

In the meantime, Musk shared on X a meme of dinosaurs running away from an asteroid about to hit the Earth while yelling about the consequences of this event on “the economy” and “stocks,” despite the fact that they were facing extinction and Kiyosaki commented that there was no time to take chances.

Featured image via The Rich Dad Channel YouTube

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