Author of Rich Dad Poor Dad: Moody's downgrade may trigger an economic crisis, recommends allocating assets such as Bitcoin
2025-05-20 02:55:10
Odaily News Robert Kiyosaki wrote on the X platform that Moody's downgrade of US debt rating indicates that the US economy may decline, interest rates may rise, leading to rising unemployment, and markets such as bonds, real estate and banks are at risk, and may even repeat the Great Depression of 1929. He suggested that people become entrepreneurs, invest in real estate that can generate cash flow, and hold assets such as gold, silver and Bitcoin. He believes that economic crises also contain opportunities, and it may be easier to start a business and buy assets at low prices.
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