Kiyosaki Warns Global Economy Crashing as U.S. Federal Debt Hits $39 Trillion on July 22

According to Bitcoin.com News, Rich Dad Poor Dad author Robert Kiyosaki warned on July 22 that the global economy is crashing and could financially wipe out many people. He characterized U.S. federal debt at $39 trillion—compared to $9.5 trillion in 2008—and stated the government adds approximately $1 trillion every 90 days. Kiyosaki noted that while many face financial ruin in a downturn, prepared investors may find opportunities.

The author has long held silver since 1965, gold since 1971, bitcoin since 2012, and ethereum since 2022 as hedges against monetary instability, storing precious metals in Swiss vaults to protect against potential U.S. government confiscation.