Buy Bitcoin, Ditch The Banks Before It’s Too Late—Kiyosaki

Buy Bitcoin, Ditch The Banks Before It’s Too Late—Kiyosaki
Financial writer Robert Kiyosaki urges investors to consider assets like Bitcoin, gold and silver to protect their savings. He argues that these traditional forms of money are better shields against what he calls “mounting financial risks.” Kiyosaki has issued a fresh warning that an economic turmoil could be on the horizon. He points to the US departure from the gold standard in 1971 as the seed of ongoing instability. Related Reading: Analyst Drops Dogecoin Bombshell: 174% Surge To $0.65 In Sight Bitcoin: Signs From Past Crises According to Kiyosaki, the Long‑Term Capital Management event in 1998 and the Wall Street crash in 2008 were early warnings. He says neither of those shocks caused the real problem—they merely hinted at deeper trouble. In his view, central banks patched holes by injecting cash, but they never fixed the underlying cracks. Those quick fixes run the risk of unravelling when debt levels get too high. In 1998 Wall Street got together and bailed out a hedge fund LTCM: Long Term Capital Management. In 2008 the Cental Banks got together to bail out Wall Street. ..

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