Robert Kiyosaki: Bitcoin Will Save Europe from Economic Collapse

Personal finance book Rich Dad Poor Dad author Robert Kiyosaki has said gold, silver and bitcoin will help investors preserve their capital during the looming economic collapse in European countries.

Kiyosaki noted a sharp decline in the value of government bonds around the world: since 2020, US Treasury bonds have fallen by 13%, European ones by 24%, and British ones by 32%. This means that the British economy is becoming unable to service its debts, the investor explained. According to him, the German economy is also collapsing due to “green” energy policy: the production of German goods, including cars, has become too expensive due to the high cost of energy in the country.

The entrepreneur pointed out that Japan and China are abandoning U.S. Treasuries in favor of gold and silver. In light of the decline in U.S. Treasuries, Kiyosaki criticized financial advisers who promote the traditional 60/40 bond-stock portfolio. He also cited political instability and social unrest, particularly in France.

“Europe has become toast: the French are on the verge of a Bastille Day uprising. They are pulling out the guillotines, heads will soon roll, as France may declare bankruptcy. A civil war is brewing in Germany. The military conflict between Russia and Ukraine continues: millions of people have died, including women and children. Are our world leaders lost in space? Save yourself from this madness – save gold, silver and bitcoins,” Kiyosaki wrote on social media.

The famous investor has previously expressed distrust of exchange-traded funds (ETFs) linked to Bitcoin and precious metals, saying it is better to invest in these assets directly. In May, Kiyosaki said that people can get rich even by buying 0.01 BTC.

Source: cryptonews.net