Elon Musk's persistent alerts about America's impending bankruptcy have found an ally in the esteemed businessman and author Robert Kiyosaki. In a recent post on Twitter, Kiyosaki shared his concerns regarding the flaws within America's monetary system. While he and Musk may differ in their approaches, both express grave concerns regarding the US economy.
Key Highlights from Kiyosaki's Post:
- "BITCOIN CRASHING"
- "Bitcoin is on SALE"
- "I AM BUYING"
Kiyosaki stated, "The problem is not BITCOIN. THE PROBLEM is our Monetary System and our criminal bankers." He elaborated on the staggering reality of America's debt crisis, which includes liabilities from social programs like Medicare and Social Security, amounting to over $230 trillion when factoring in the national debt of $36 trillion.
He further criticized US Bonds, calling them a joke, and warned that if countries like Japan and China cease purchasing them, inflation could skyrocket, leading to a collapse of the US dollar and the economy. Kiyosaki views the current decline in Bitcoin's price as a buying opportunity, asserting, "When Bitcoin crashes…. I smile and buy more. Bitcoin is money with integrity. Fake money is a thief. I’ll trade fake money for gold, silver, and Bitcoin anytime they go on sale."
Elon Musk's Bankruptcy Alerts
Tesla's CEO, Elon Musk, has also reiterated his warnings about America's financial future. During a recent cabinet meeting, he emphasized, "If we don't do this, America will go bankrupt," indicating the urgency of the situation and the backlash he receives for voicing these concerns.
Kiyosaki’s remarks align with Musk's warnings, painting a picture of an economy at risk, urging citizens to reconsider their financial strategies amidst these turbulent times.
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