Robert Kiyosaki: Bitcoin is the Answer as Financial Collapse and US Recession Begin with $6.4T Loss
- Robert Kiyosaki says the long-predicted market crash has arrived
- The stock market suffers a $6.4 trillion loss, signaling a potential depression.
- Kiyosaki urges investors to consider gold, silver, and Bitcoin.
Financial author Robert Kiyosaki declared Friday’s sharp market downturn confirms the financial collapse he has predicted for decades, stating the U.S. is now in a recession and potentially a depression.
His comments came as global stock markets shed trillions, driven by new U.S. tariffs and swift Chinese retaliation.
Stocks Lose $6.4 Trillion as Tariffs, China Retaliation Bite
Major U.S. tech stocks were hit hard. Apple, Microsoft, and Nvidia shares fell sharply Friday (7.3%, 3.56%, and 7.36% respectively), extending Thursday’s losses. Amazon, Alphabet (Google), and Meta also saw significant declines (4.15%, 3.20%, 5.06%).
The sell-off, wiping a reported $6.4 trillion from global equity markets according to the New York Post, followed new U.S. tariffs taking effect and immediate Chinese countermeasures, including hefty import taxes and company blacklists.
Crypto Shows Resilience: Bitcoin Rebounds Above $83k
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The post Robert Kiyosaki: Bitcoin is the Answer as Financial Collapse and US Recession Begin with $6.4T Loss appeared first on Coin Edition.
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Robert Kiyosaki: Bitcoin is the Answer as Financial Collapse and US Recession Begin with $6.4T Loss
- Robert Kiyosaki says the long-predicted market crash has arrived
- The stock market suffers a $6.4 trillion loss, signaling a potential depression.
- Kiyosaki urges investors to consider gold, silver, and Bitcoin.
Financial author Robert Kiyosaki declared Friday’s sharp market downturn confirms the financial collapse he has predicted for decades, stating the U.S. is now in a recession and potentially a depression.
His comments came as global stock markets shed trillions, driven by new U.S. tariffs and swift Chinese retaliation.
Stocks Lose $6.4 Trillion as Tariffs, China Retaliation Bite
Major U.S. tech stocks were hit hard. Apple, Microsoft, and Nvidia shares fell sharply Friday (7.3%, 3.56%, and 7.36% respectively), extending Thursday’s losses. Amazon, Alphabet (Google), and Meta also saw significant declines (4.15%, 3.20%, 5.06%).
The sell-off, wiping a reported $6.4 trillion from global equity markets according to the New York Post, followed new U.S. tariffs taking effect and immediate Chinese countermeasures, including hefty import taxes and company blacklists.
Crypto Shows Resilience: Bitcoin Rebounds Above $83k
In contrast to traditional ma…
The post Robert Kiyosaki: Bitcoin is the Answer as Financial Collapse and US Recession Begin with $6.4T Loss appeared first on Coin Edition.
Read More
Two Crypto Views, One Outcome? CZ Sees Froth, Hayes Sees $1M BTC Catalyst