Financial expert and Rich Dad Company co-founder Robert Kiyosaki, known for predicting Lehman Brothers’ collapse, is raising concerns about America’s dire financial situation. Speaking on “Cavuto: Coast to Coast,” Kiyosaki emphasized the severity of the country’s financial troubles due to its substantial debt load, crossing $33 trillion in national debt in September. He pointedly criticized the leadership trio of the President, Treasury, and the Federal Reserve, likening them to the “Three Stooges.”
Kiyosaki asserted that the U.S. is currently “broke,” emphasizing historical patterns where the printing of money has led to the decline of empires. He warned that the government’s likely response to the rising debt would be continued money printing unless there are significant cutbacks in entitlements or military spending. A Fox News poll reflected widespread economic concerns among Americans, with only 29% believing the economy has started to improve, while 67% anticipate worse times ahead. As the 2024 presidential election approaches, inflation remains a primary worry for voters, and Kiyosaki expressed a pessimistic view, stating that inflation and incompetence are likely to persist.
