Robert Kiyosaki, author of 'Rich Dad Poor Dad,' warns of a potential financial crisis that could send Bitcoin crashing to $5,000. He draws parallels between the current economic situation and the 2008 Global Financial Crisis.
Kiyosaki criticizes the Federal Reserve and US Treasury for printing excessive money, creating what he calls the 'Everything Bubble.' This bubble, he argues, has artificially inflated all markets.
He predicts a severe downturn, citing major investors selling assets and converting to cash. Despite the negative outlook, he sees potential for significant profits post-crash, particularly in Bitcoin, which he believes could rebound dramatically.
Kiyosaki remains critical of the US financial system, urging individuals to prepare for financial turbulence to avoid becoming victims of a flawed system.
