Is the US Really Bankrupt? Robert Kiyosaki's Twitter Commentary Raises Questions
Renowned entrepreneur and author of the bestselling book "Rich Dad Poor Dad," Robert Kiyosaki, recently took to Twitter to share his perspective on the growing US debt crisis and the relevance of Bitcoin in the current economic landscape. As US politicians engage in discussions about raising the debt ceiling, Kiyosaki highlighted the worsening state of the US economy and referred to the ongoing debates as "kabuki theater," suggesting that the country is facing bankruptcy.
Politicans debating raising $ 30 trillion US debt limit bad comedy, “kabuki theater.” Facts are: US bankrupt. Unfunded liabilities as Social Security are over $250 trillion. Financial market “derivative assets” measured in quadrillions…thousands of trillions. WTF. Buy G,S, BC.
— Robert Kiyosaki (@theRealKiyosaki) May 24, 2023
Kiyosaki drew attention to the alarming figure of over $250 trillion in unfunded liabilities for programs like Social Security, emphasizing the immense burden this places on the US government. Additionally, he mentioned the vast size of the financial market's "derivative assets," which are measured in thousands of trillions of USD. These factors underscore the complexity and scale of the challenges faced by the US financial system.
The US debt crisis remains a critical concern, and Kiyosaki's Twitter commentary has sparked discussions surrounding the country's economic future. While his viewpoints have garnered attention, it is crucial for individuals to conduct their own research and exercise caution before making any financial decisions.
Disclaimer: The information provided in this blog is based on Robert Kiyosaki's public statements and opinions. It does not constitute financial advice or endorsement.
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