As geopolitical tensions continue to escalate in multiple regions around the world, Robert Kiyosaki, the famed investor and author of "Rich Dad Poor Dad," believes this could lead to another world war, with Bitcoin likely to perform well in such a scenario.
In the April 17 premiere of the "Rich Dad Channel" podcast, Kiyosaki sat down with Gerald Celente, editor and producer of the "Trends Journal," to discuss the future of banks, Bitcoin, gold, real estate, and the global situation.
Specifically, as this popular financial educator pointed out, global uncertainty is intensifying, edging closer to a large-scale war, "our banks are in trouble," and the demand and prices for assets like precious metals and cryptocurrencies are rising.
Kiyosaki stated, "We're talking about the 'Golden Years' of gold, because of bank failures—everyone knows this—Bitcoin prices are soaring, but what I'm most concerned about is World War III, and we are now on the brink of its outbreak."
Furthermore, Kiyosaki asked Celente for his insights, who explained that experts have currently downgraded the ratings of 300 regional banks in the USA to negative, whereas last year, only 5 were downgraded.
Celente said, "Banks are facing $2 trillion in commercial real estate debt, with $2 trillion about to mature, and they will be unable to pay it back. Banks will go bankrupt. This will be a banking crisis the likes of which we've never seen in the world."
It's worth mentioning that Kiyosaki has long supported Bitcoin, the flagship decentralized financial (DeFi) asset, believing it could one day reach a price of $2 million. He agrees with Cathie Wood, founder and CEO of ARK Invest, which manages several Exchange Traded Funds (ETFs).
Robert Kiyosaki's "Rich Dad Poor Dad" is one of the world's best-selling books, translated into 51 languages and sold in over 109 countries with more than 32 million copies.
The "Rich Dad Poor Dad" series has topped the bestseller lists of major US media outlets like Business Week, The New York Times, and The Wall Street Journal.
This acclaimed author has long recommended gold, silver, and Bitcoin. He calls them "real assets," as opposed to fiat money, which he refers to as "fake money."
Bernice
