According to the author of Rich Dad Poor Dad, the economy is in a bubble and he suggests that investors “get out of paper assets.”
DO NOT listen to what I have to say
World famous author and billionaire entrepreneur Robert Kiyosaki tweeted some advice on Friday. He did however include the plea “Please DO NOT listen to what I’m going to say next.”
In the present culture of suing over just about anything, he probably thought it was better to be safe rather than sorry, as he no doubt knows that only “qualified” persons can give such advice.
Be that as it may, the entrepreneur suggested that investors “get out of paper assets”, and said that in his view “the world economy is not a “Market”. Perhaps he was implying here that the world economy is not currently acting like a free market and that there could be some manipulation going on.
He ended the tweet by saying “I believe economy is the biggest bubble in world history”, and followed this with: “God have mercy on us all.”
Many of you know I do not invest in equities, bonds, ETS or MFs. Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.” I believe economy is the biggest bubble in world history. God have mercy on us all.
— therealkiyosaki (@theRealKiyosaki) November 25, 2022
Still bullish on Bitcoin
The world famous personality maintains that he is still bullish on Bitcoin, saying in a recent interview on the Mark Moss Bitcoin Podcast that the FTX collapse was not Bitcoin. He said that many people in his age group were dismissive of Bitcoin, but said that in his view Bitcoin was “solid”.
He thinks that Bitcoin may get to $1 million in the next five years but adds that he favours gold in the current economic climate.
SBF-FTT-FTX: Crypto Code for “I see stupid people.” Stupid people who believe Brand Name Universities, can turn polyamorous wierdos into “financial geniuses.” BIG UNIVERSITIES are as corrupt as BIG PHARMA. SBF and FAUCI are both power hungry nerds. WAKE UP! We are being WOKED.
— therealkiyosaki (@theRealKiyosaki) November 28, 2022
Kiyosaki tweeted again this morning, referring to “stupid people”, “financial geniuses”,”SBF”, BIG PHARMA, and FAUCI, and ending with the exclamation “WAKE UP! We are being WOKED.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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