Elon Musk’s repeated warnings on America being on the verge of bankruptcy may have just got support. It comes from the renowned businessman and author Robert Kiyosaki. In a post on Elon Musk-owned social media platform Twitter, Kiyosaki blamed problems with America’s “Monetary System”. While he and Elon Musk may not entirely be on the same page, the duo seem to agree on problems with the US economy.
“BITCOIN CRASHING
Bitcoin is on SALE
I AM BUYING
WHY: The problem is not BITCOIN
THE PROBLEM is our Monetary System and our criminal bankers.
America’s bankrupt. Our debt including social programs, such as Medicare and Social Security, including our $36 trillion debt is over$230 trillion.
Our US Bonds are a joke. When countries such as Japan and China stop buying our bonds….inflation will go through the roof….our economy and the US dollar will crash.
Those are a few of the reasons why…. When Bitcoin crashes…. I smile and buy more.
Bitcoin is money with integrity.
Fake money is a thief.
I’ll trade fake money for gold, silver, and Bitcoin anytime they go on sale,” wrote Kiyosaki in a long post on Twitter.
Kiyosaki made the strong statement, asserting his faith in Bitcoin, which saw a sharp decline on Thursday February 27. Bitcoin saw a sharp decline on Thursday, falling to $85,000 — a 22% drop from its all-time high of $109,114 recorded on January 20. As the cryptocurrency market experienced renewed volatility, Robert Kiyosaki, the author of Rich Dad Poor Dad, reaffirmed his bullish stance on Bitcoin, viewing the price decline as an opportunity to buy more.
He highlighted systemic economic weaknesses in the U.S., pointing to the nation’s mounting debt levels as a significant risk. Kiyosaki also warned of a potential collapse in the American. bond market, raising concerns that foreign nations like Japan and China may stop purchasing U.S. debt. According to him, such a scenario could drive inflation to extreme levels, destabilizing the economy and weakening confidence in the U.S. dollar.
“Our US Bonds are a joke. When countries such as Japan and China stop buying our bonds, inflation will go through the roof, our economy and the US dollar will crash,” he wrote. Reaffirming his investment strategy, Kiyosaki stressed his preference for assets like Bitcoin, gold, and silver over fiat currency. “Fake money is a thief. I’ll trade fake money for gold, silver, and Bitcoin anytime they go on sale.”
Elon Musk’s repeated warnings on America going Bankrupt
Tesla CEO Elon recently reiterated his Bankruptcy warning for the US. He made the comments at the US President Donald Trump‘s first cabinet meeting at the White House on Wednesday, February 25. President Trump asked Elon Musk to stand up and talk about the controversial Department of Government Efficiency (DOGE). Taking the stage, Elon Musk repeated his Bankruptcy warning for America. “If we don’t do this, America will go bankrupt,” the world’s richest man told cabinet members at the White House, adding that he was “taking a lot of flak, and getting a lot of death threats by the way.”
