Rich Dad Author: America is Sick! Buy Bitcoin now, it could be worth $300,000 this year

Robert Kiyosaki, author of the best-selling financial book "Rich Dad, Poor Dad", has been issuing warnings about the U.S. economy recently. He has frequently targeted the Federal Reserve and criticized the Federal Reserve. With the continuous printing of money, the country's fiscal foundation has been destroyed. It is also pointed out that the rapid growth of the US national debt will lead to hyperinflation of the US dollar.

Robert Kiyosaki issued another warning on the 10th: "Don't be afraid, be prepared: the U.S. debt reaches 34 trillion U.S. dollars, increasing by 1 trillion U.S. dollars every 90 days. The United States is sick. Get ready now to buy more gold, silver, and Bitcoin.”

At the same time, the price of Bitcoin broke through $70,000 last week, setting a new all-time high. Robert Kiyosaki once again tweeted to advise investors to buy Bitcoin as soon as possible. He also made the latest prediction for Bitcoin price: Bitcoin is on fire. The biggest mistake you can make is to procrastinate. Even if you only have $500 on hand, start buying it. Very important, the next stop is 2024, when each Bitcoin will reach $300,000.

Previously, Robert Kiyosaki predicted in February that Bitcoin would rise to $100,000 in June this year. He said in late February that people often asked him "What if Bitcoin "What happens if it crashes?" and for Bitcoin, gold and silver, his answer is that once the crash stops, he will be happy and he will buy more.

After the U.S. Securities and Exchange Commission (SEC) approved the listing of a Bitcoin spot ETF, Robert Kiyosaki made a prediction that the price of Bitcoin could quickly surge to $150,000. He also revealed that he had purchased 5 Bitcoins and suggested that investors pay close attention to the upcoming Bitcoin halving event in April.

US debt surges

According to CNBC, the debt of the US federal government is growing rapidly and has now reached 34.46 trillion US dollars. According to the latest data, the U.S. debt increases by about $1 trillion every 100 days. On December 29 last year, U.S. debt briefly exceeded $34 trillion, and on January 4 this year it permanently exceeded this figure.

##The scale of the U.S. federal government debt is growing rapidly

The scale of the U.S. debt It was still US$32 trillion on June 15, 2023, and had climbed to US$33 trillion on September 15, 2023, significantly accelerating growth. Before that, the US debt climbed from US$31 trillion to US$32 trillion, spending It took about 8 months to complete.

Due to the mounting debt in the United States and rising fiscal risks, Moody's lowered the outlook for the U.S. government's rating from "stable" to "negative" in November last year, warning that in the context of rising interest rates , without effective fiscal policy measures to reduce government spending or increase revenue, the U.S. fiscal deficit will still be very large and significantly weaken debt affordability.

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