Biggest economic crash since 1788 comes

The famous author of the bestselling Rich Dad Poor Dad, Robert Kiyosaki, has warned of the biggest crash since 1788!

The famous author of the bestseller Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788”. He stressed that the “real problem” is in the bond market, which is “40 times bigger” than the stock market. He is waiting for the price of Bitcoin to fall further to buy some.

Biggest crash since 1788

In simple terms, bonds are loans issued by companies and governments. When you buy such a bond, you lend money to a company or a government. You will receive interest for this.

The famous author recently tweeted: US bond market is crashing. Biggest Bond Crash Since 1788… Bond Markets Bigger Than Stock Market. I am now buying more gold, silver and waiting for Bitcoin to go lower.

He also stressed that the Chinese real estate market is collapsing, noting that there are “more than 90 million vacant apartments in China”. This puts pressure on the market and can get the ball rolling. He also said that losers watch the stock market. The real problem is in the bond market. The bond market is 40 times bigger than the stock market. Pay attention to bonds, not stocks.

Advice

Of course, the wealthy investor also has some smart advice for you. Investors should buy gold, silver and Bitcoin “as insurance against idiots running the world.” He has been saying this for a long time.

Kiyosaki has repeatedly warned about market crashes and the state of the US economy. This week, he warned that inflation could lead to a “bigger depression,” noting that real estate is collapsing and bankruptcies are up 700% from last year.