The economy is chugging along nicely, with real GDP rising in the third quarter over the second quarter of 2024.<\/p>\n
That\u2019s according to data from the<\/a> US Bureau of Economic Analysis.<\/p>\n Kiyosaki warned on Sunday, however, that the economy could plunge into a depression next year. \u201cGlobal crash has started. Europe, China. USA going down. Depression ahead?\u201d he wrote in a post on X. \u201cPlease be smarter with your money. Hang on to your job and your money.\u201d<\/p>\n Global crash has started. Europe, China. USA going down . Depression ahead?<\/p>\n Please be smarter with your money. Hang on to your job and your money.<\/p>\n Biggest problem are our leaders and educators. As I have often asked \u201cWhat did school teach you about money?\u201d<\/p>\n Regardless of\u2026<\/p>\n \u2014 Robert Kiyosaki (@theRealKiyosaki) December 23, 2024<\/a><\/p>\n\n And by money, the bestselling \u201cRich Dad, Poor Dad\u201d author means<\/a> Bitcoin and gold. He\u2019s not alone in fearing economic trouble ahead. Despite the strong GDP numbers this year, some analysts fear Trump\u2019s aggressive trade policies could slow growth and lead to a recession.<\/p>\n Peter Berezin, the chief global strategist for BCA Research, warned in<\/a> November that Trump\u2019s proposed import tariffs will leave the economy with a 75% chance of recession.<\/p>\n Kiyosaki says all hope is not lost in a bad economy. \u201cFor many people, crashes are the best times to get rich,\u201d he said. \u201cI plan on getting richer. I want you to get richer and smarter, too. Take care.\u201d<\/p>\n Earlier this month, the financial author suggested that<\/a> Bitcoin\u2019s price could crash to $60,000 from its current levels of around $100,000.<\/p>\n Fundstrat\u2019s Tom Lee is also worried about a massive pullback from these current highs. But Kiyosaki said he\u2019s not selling because he expects the cryptocurrency to reach $250,000 in 2025.<\/p>\n BITCOIN to CRASH<\/p>\n Bitcoin is stalled short of $100k. That means BTC may crash to $60k. I predict Bitcoin will settle around $250 in 2025.<\/p>\n At this stage of the BTC process\u2026 price is not\u2026<\/p>\n \u2014 Robert Kiyosaki (@theRealKiyosaki) December 1, 2024<\/a><\/p>\n\n \u201cAt this stage of the BTC process\u2026 price is not as important\u2026 as how many BTC you acquire,\u201d he said.<\/p>\n Despite some recession warnings, most economists expect business to boom in 2025. Apollo Global Management\u2019s chief economist, Torsten Sl\u00f8k,\u00a0projects a<\/a> 0% recession forecast for the U.S. in 2025.<\/p>\n Either way, Bitcoin could be your most important savings vehicle. According to Kiyosaki, BTC holds its value whether the economy is slowing or growing. That\u2019s because when the economy slows, investors rush to Bitcoin as a macro hedge on future uncertainty. When the economy booms, fiat inflation soars, and as a result, so does Bitcoin\u2019s price.<\/p>\n \u201cRegardless of which way economy goes, gold, silver, and Bitcoin hold their value,\u201d Kiyosaki said.<\/p>\n The post Rich Dad Robert Kiyoaski: Best Bet in a Boom or Bust Economy Is Bitcoin<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The economy is chugging along nicely, with real GDP rising in the third quarter over the second quarter of 2024. That\u2019s according to data from the US Bureau of Economic Analysis. Kiyosaki warned on Sunday, however, that the economy could plunge into a depression next year. \u201cGlobal crash has started. Europe, China. USA going down. […]<\/p>\n","protected":false},"author":0,"featured_media":31048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-31047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/31047"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31047"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/31047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/31048"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Kiyosaki Boosts Bitcoin for Economic Meltdown<\/h2>\n
\nIf and when that happens I will not sell. BTC will be having a sale. I will buy more.<\/p>\nA Booming 2025 Could Wreck Fiats Like USD<\/h2>\n