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.
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.
“The US government has no money. A shutdown looms. The Democrats blame the Republicans for the problem. Evergrande Chinas is the largest real estate developer with 800 projects in 200 cities, found itself without funds.
Realized the situation? Get your hands on gold, silver, bitcoin, ethereum before the biggest crash in history. Take care of yourself. «
US Gov out of money. Shutdown looming. Dems blame Republicans for the problem. Evergrande Chinas biggest property developer with 800 projects in 200 cities out of money. Get the message? Get gold, silver, Bitcoin, ethereum before the biggest crash in history. Take care.
– therealkiyosaki (@theRealKiyosaki) September 23, 2021
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.