BRICS: US Economist Predicts Bankruptcy, Market Crash

BRICS: US Economist Predicts Bankruptcy, Market Crash

BRICS: US Economist Predicts Bankruptcy, Market Crash

As the BRICS alliance attempts to lessen global reliance on the US dollar US economist Robert Kiyosaki expects bankruptcy

As the BRICS alliance strives to reduce worldwide reliance on the US dollar, one US economist predicts collapse and a global market catastrophe. Indeed, Robert Kiyosaki used X (previously Twitter) to express the somewhat frightening diagnosis.

Kiyosaki is well known for his Rich Dad, Poor Dad book series. The American businessman recently revealed his thoughts on the United States’ troubling trajectory. He specifically cited rising US debt as the cause of what might be a devastating economic meltdown.

US Economist Robert Kiyosaki Predicts US Bankruptcy Again

BRICS: US Economist Predicts Bankruptcy, Market Crash

Over the last year, the global economic viewpoint has moved dramatically. As the BRCIS economic alliance has become popular, several nations have attempted to reduce their dependency on the US currency. Furthermore, this decision came when the currency was weak amid macroeconomic decline.

Now, one prominent American voice has offered a fairly bleak economic forecast. Indeed, while the BRICS group has pushed for global economic diversification, one US analyst has projected bankruptcy and a general market catastrophe. Ultimately, he predicted a massive collapse of the US currency.

Robert Kiyosaki went on X to forecast that “everything bubble, stocks, bonds, and real estate is set to crash.” He also noted the fragility of the US debt problem. Indeed, he stated that “US debt [is] increasing by $1 trillion every 90 days.”

Furthermore, Kiyosaki predicted that these events would lead to the country’s bankruptcy. Moreover, he identified the asset groups most crucial in shielding citizens from this probable event. He specifically mentioned gold, silver, and bitcoin as the most critical refuge assets to keep.

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