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Author Topic: Robert Kiyosaki: Our Leaders Will Drive Us Into Depression, War — Reiterates Bit  (Read 812 times)

Offline sirty143

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Robert Kiyosaki: Our Leaders Will Drive Us Into Depression, War — Reiterates Bitcoin Buy Recommendation


Rich Dad Poor Dad author Robert Kiyosaki has warned that our leaders will drive the U.S. economy into an economic depression and a war. The famous author has reiterated his recommendation to buy bitcoin amid high anticipation of the U.S.... See more for yourself here.

Your opinion is greatly appreciated.


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Offline Senin

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I read the article indicated in the link to find out exactly what actions of US leaders, according to Robert Kiyosaki, will lead to catastrophic economic consequences in the country and depression. I was also interested in what kind of possible war he meant and with which country or countries. But I can’t find anything specific in the article, just general phrases. Apparently what caught the OP's attention was his recommendation to prepare for these problems in advance by buying Bitcoin along with gold and silver.
But if the war escalates into a global war and engulfs most states, then I’m not sure that cryptocurrency will survive.

Offline gunhell16

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I read the article indicated in the link to find out exactly what actions of US leaders, according to Robert Kiyosaki, will lead to catastrophic economic consequences in the country and depression. I was also interested in what kind of possible war he meant and with which country or countries. But I can’t find anything specific in the article, just general phrases. Apparently what caught the OP's attention was his recommendation to prepare for these problems in advance by buying Bitcoin along with gold and silver.
But if the war escalates into a global war and engulfs most states, then I’m not sure that cryptocurrency will survive.

In the reality of our lives, when there is a war, many people will be affected. The number one is the internet, and this is where the economy of all countries around the world immediately collapses. It is just the internet, but the damage is that all businesses will lose money immediately and will fall.

It will be difficult to recover; this is the internet I'm talking about; agriculture, oil, and petroleum are not here yet, so it's really possible how long it will take to recover, even if we say that we have our bitcoins, cryptographic assets, and private keys in our hardware, passwords, and seed phrases.
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So far, Russia, together with Iran, North Korea and, possibly, China, is stubbornly pushing the planet toward World War III. After attacking neighboring Georgia in 2008, Russia attacked Ukraine in 2014, capturing the Krim Peninsula and parts of two regions of Ukraine. The reaction of the international community to these wars was so weak that Putin decided to go further and in 2022, with all his armies, attacked Ukraine from three sides, trying to seize its entire territory in a few days. He would have captured it, and even the leaders of world states have almost come to terms with this. But these plans were thwarted by the Ukrainian people and their armed forces, which for almost two years have been repelling the attacks of the Russian occupiers and at the same time inflicting crushing blows on the “second army of the world.” No European state could withstand such a blow. Yes, Ukraine is being helped with weapons, funding and material assistance.

To weaken aid to Ukraine, Russia directly and indirectly incites other military conflicts in the world. That's why Hamas attacked Israel, Venezuela attacked Guyana, and the Houthis terrorized with pirate attacks on merchant ships in the Red Sea. Russia has shown an example of impunity and permissiveness. It got to the point that the Houthis even attacked US and British warships with Iranian missiles and drones a few days ago. Thus, authoritarian regimes test the strength and determination of both NATO countries and the entire civilized world. If there had been no response, they would have moved on and a Russian attack on one of the NATO countries would have become a reality.

Therefore, tonight the United States and Great Britain, with the support of other countries, launched missile and bomb attacks on military installations of the Houthi movement in Yemen. If we do not defend universal human values, war will be inevitable, including a world war.

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Online Aanuoluwatofunmi

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The greatest regret one can possibly have is seing others enjoying the benefits of adoption and you're there waiting for nothing while watching what will happen next, some of our indecision will on land us to jeopardy, we cannot be afraid of taking risk on something new that is acceptable to the entire world and out of our own fear or ignorance refusing to join in the adoption of bitcoin or even try out any other cryptocurrencies to see what's in for us.

Offline KryptoBull

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Bitcoin shows outstanding return on investment throughout 2023. 2024 and 2025 will be very good growth times for BTC, buying and holding will generate good returns for holders, especially in the context of The world is chaotic and has many complex geopolitical fluctuations.
BTC will be a better defensive asset than gold thanks to its ease of storage and transfer. Robert Kiyosaki has reminded us many times about this issue, but this time it is not redundant, we need to be persistent with our goals and actions.

Offline Don Pedro Dinero

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I am not going to evaluate what Kiyosaki says about the leaders, because after all it is a political opinion, and I don't know if you know that he is a friend of Donald Trump, so I suppose that if POTUS is elected again he will not think the same as he says now.

He calls gold god's money and bitcoin people's money, so he considers them real, unlike fiat currency, which is a fake currency. I think I would call them the other way around, because I think bitcoin is better than gold but I share the idea as opposed to fiat.
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Offline Z-tight

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I don't believe that the u.s. economy is going to plunge into depression, inflation is currently a global challenge, but the u.s. economy is still the best all over the world. Nevertheless i agree with Robert when he says people should buy assets, it is foolish these days to store all your money in the bank, only keep what you need for spending on the go, use most of your funds to buy different assets, that is the only way to get rich.
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Offline Baofeng

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I don't believe that the u.s. economy is going to plunge into depression, inflation is currently a global challenge, but the u.s. economy is still the best all over the world. Nevertheless i agree with Robert when he says people should buy assets, it is foolish these days to store all your money in the bank, only keep what you need for spending on the go, use most of your funds to buy different assets, that is the only way to get rich.

On the contrary, I don't know but it seems that Robert is like trying to get his face on social media in the last couple of years with this kind of broad predictions about war and depression.

I used to like him before specially with his books about financial and money. But now he turns to be just having this interview for clout and views and click on whatever podcast he is. So I'm somewhat in the fence right now this his bold prediction, in my opinion.

Offline Z-tight

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On the contrary, I don't know but it seems that Robert is like trying to get his face on social media in the last couple of years with this kind of broad predictions about war and depression.
This is your opinion, and even if i may not agree with it, i respect it. I think Robert is already very popular enough, because of his book 'Rich Dad and Poor Dad', and he does not have to chase clout in this way, maybe he actually believes in what he says about depression and war, even if i don't agree on those points.

What i agree with is his statements on investing in BTC and other assets, Robert is a genius in financial matters and we can both agree on how important it is for people to buy assets rather than storing their money in their bank accounts.
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Offline hugeblack

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This is your opinion, and even if i may not agree with it, i respect it. I think Robert is already very popular enough, because of his book 'Rich Dad and Poor Dad', and he does not have to chase clout in this way, maybe he actually believes in what he says about depression and war, even if i don't agree on those points.
Robert is a genius as a writer, speaker, and as a person who sells his ideas to you, but his view of the macroeconomics may not necessarily be correct because political variables and the factors associated with them require someone who has experience in matters more than economics. Even if you are not a specialist in macroeconomics, you will not answer questions related to the recession or war.
His recommendations for gold and silver, although they have been consistent for years, may not be ideal now, especially with the changing concepts of economics, but in general, it is a very wonderful writing and an introduction for everyone who wants to learn more about money.

The most important thing, in my opinion, is to diversify investments so that the changes in the world require the person to learn about many things besides making money.
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I see that our leaders will lead us not only to depression and war, but to destruction in every sense of the word. Because of the love of power, control and superiority, they lead the world to destruction. Look at all these disasters from Ukraine to Palestine and even Venezuela and Guyana. They all portend a world war if the leaders do not take wise stances. .

Yes, to say the least, these policies lead to depression and war. In such cases, it is best to abandon cash for a safe store of value such as gold and Bitcoin.

So it is great to see a great writer like Robert Kiyosaki recommending buying Bitcoin in these major economic crises that the world is going through today.

Offline TomPluz

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Assuming that in times of chaos and crisis, Bitcoin can be helping one to protect wealth and assets then maybe we should really increase our exposure with this digital gold. We are assuming then that Bitcoin can be playing like a safe haven in case a global cataclysmic even can come to humanity. Now, having said that, even if things will be normal and there will be no major wars, I think BTC is really poised to immense growth ahead.

 

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