According to Kiyosaki, the massive influx of newly printed money led to what he describes as “The Everything Bubble,” a phenomenon where all markets began to rise artificially, “floating on a sea of fake money.” He believes that this bubble is unsustainable and is on the verge of transforming into “The Everything Crash.” He warns that “everything will crash, including gold, silver, and Bitcoin,” suggesting that the market is approaching a critical point akin to a “blow-off top.” Kiyosaki emphasizes that this impending crash could be detrimental for most people, potentially leading to a global depression that was narrowly avoided in 2008.
Why Bitcoin Could Crash To $5,000 Kiyosaki revisited the events of 2008, referring to the GFC as a pivotal moment when, in his view, “the criminals at the Fed and Treasury began printing trillions of fake dollars in an attempt to stop a Global ‘F-ing’ Depression.” He argued that these measures were taken to save “their ultra-rich friends,” while the general public was left to suffer the consequences.
Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has issued a stark warning about an impending financial crisis that he believes will lead to a significant market downturn, including a potential Bitcoin crash to $5,000 per coin.
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