A warning from an American economist – bankruptcies and market collapse are expected

Against the background of the BRICS bloc's efforts to reduce global dependence on the US dollar, a prominent figure - Robert Kiyosaki, known as the author of the bestseller "Rich Dad, Poor Dad", expressed concern about the stability of the US economy.

Kiyosaki has recently raised concerns about the trajectory of the United States' economic health, particularly highlighting rising government debt as a harbinger of a potentially catastrophic downturn.

Against the backdrop of changing global economic dynamics catalyzed by the BRICS alliance, sentiment towards the US dollar is increasingly volatile due to broader macroeconomic challenges. Kiyosaki's dire prediction is in tune with this narrative, predicting a bankruptcy scenario and impending market crash for the US. The author highlighted the vulnerability of various asset classes, including stocks, bonds and real estate, warning that they are poised for significant declines.

The crux of Kiyosaki's prediction is based on the alarming rate at which US debt is accumulating, increasing by $90 trillion every 1 days. According to him, this means inevitable bankruptcy for the country. In light of these concerns, Kiyosaki highlighted the importance of alternative assets such as gold, silver and Bitcoin as potential safe havens in the face of the coming economic turmoil.

The global shift towards increasing gold reserves, spurred by the BRICS initiatives, reflects a broader trend of hedging against the perceived vulnerability of the US economy and its currency. Central banks, following the economic union strategy, are actively hoarding precious metals to diversify their reserves and protect themselves from potential financial instability.

At the same time, a parallel trend is emerging where countries are exploring digital currency solutions as potential alternatives. Bitcoin, in particular, has attracted considerable attention as countries consider integrating this innovative technology into their economic frameworks.

This dual approach – strengthening gold reserves and exploring digital currencies – highlights the multifaceted strategies countries have adopted in response to evolving global economic dynamics and concerns about the sustainability of traditional financial systems.