Economist and author Robert Kiyosaki is sounding an alarm, warning investors that a major stock market collapse is coming, and advising investors to invest in cryptocurrencies now, before they take over the financial system, and transform Western economies.
In an email to his followers, the author of the best-selling book ‘Rich Dad Poor Dad’ said, “I predict the biggest crash in world history is coming.”
He went on to predict the resulting downturn would be quite lengthy, but added that bear markets are the best time to acquire bargains, and make big long-term profits. He also predicted that the US dollar would collapse in the face of the disruption, leaving only cryptocurrencies as a trustworthy means of settlements, as it will not be controlled by the government.
He went on, “It’s not enough to WANT to get into crypto. Now is the time you NEED to get into crypto, before the biggest economic crash in history.”
It was a sharp turnaround for the author, who said in May, on his radio show, “I trade bitcoin. But I don’t think it has any value. I just play the game.”
