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Robert Kiyosaki calls for buying Bitcoin and Ethereum

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Robert Kiyosaki calls for buying Bitcoin and Ethereum

World bestselling author and proponent of financial education Robert Kiyosaki advised people to buy assets like gold, silver, Bitcoin, and Ethereum to prepare for the biggest crash in history. This is supported by news from Washington about a possible government shutdown due to budget problems.

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Kiyosaki also mentioned the debt crisis of the Chinese real estate developer Evergrande, the collapse of which could have dire consequences outside of the Chinese markets. The expert added that both the US government and China’s largest real estate developer, Evergrande, have no money.

For this reason, he encouraged 1.7 million of his Twitter followers to buy savings assets in the form of Bitcoin and Ethereum before the imminent collapse.

On Thursday, the White House Management and Budget Office warned government agencies that the late introduction of the appropriation bill could lead to a work stoppage as early as next week.

With a deadline on September 30, House Democrats on Tuesday voted on bills to maintain government funding, debt caps, and emergency funds, including helping Afghan refugees to rebuild their lives.

The problem lies in Senate approval, as Republicans have already promised to block the bill. This would lead to America’s first “shutdown” in the Covid era. The consequences include damage to an already overburdened healthcare system and many hundreds of thousands of federal employees who will not receive their salaries until the budget is passed.

China’s largest real estate developer warned investors that it could default on its $300 billion debt. With more than 1,300 projects in more than 280 Chinese cities and a workforce of about 200,000 people, the collapse of Evergrande will affect more than just China’s economy.

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Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.

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