Crash

Bitcoin

<ul class="wp-block-list">
 <li>Robert Kiyosaki warns a U.S. banking crash has started, citing an Oklahoma bank closure.</li>  
 <li>Kiyosaki flags bonds and commercial real estate as highly vulnerable to downturns.</li>  
 <li>Kiyosaki advises investing in gold, silver, and Bitcoin amid banking fears to protect wealth.</li> 
</ul>  
<p>A renowned author and financial educator, Robert Kiyosaki, raised concerns about the American banking system following rumors of a bank shutdown in Oklahoma, signaling a potential collapse. Kiyosaki has been warning about U.S. monetary stability, and he now notes that other areas, particularly bonds and commercial real estate, could face similar problems.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/theRealKiyosaki/status/1852696565313605691
 </div>
</figure>  
<h2 class="wp-block-heading" id="h-concerns-over-bonds-and-commercial-real-estate"><strong>Concerns Over Bonds and Commercial Real Estate</strong></h2>  
<p>In his social media update, Kiyosaki emphasized that the ongoing issues in the <a href="https://cryptonewsland.com/safepals-mini-wallet-app-the-bridge-between-traditional-banking-and-digital-finance/" target="_blank" rel="noopener noreferrer nofollow">banking</a> sector may have broader implications. He cautioned that the bond market and commercial real estate were vulnerable due to their dependence on the financial system. Kiyosaki has been against the banking industry for a long time and still does not believe in the dollar as a stable means of storing value due to unsustainable financial practices.</p>  
<p>The Oklahoma bank closure is an example of potential vulnerabilities within the sector. The author suggests that similar disruptions in other parts of the financial market could follow if economic pressure continues. Bonds, which have shown relatively stable returns in the past, and commercial real estate, which is very sensitive to lending, might be especially vulnerable in a downturn.</p>  
<h2 class="wp-block-heading" id="h-kiyosaki-advocates-for-alternative-investments"><strong>Kiyosaki advocates for Alternative Investments.</strong></h2>  
<p>Kiyosaki advises that people should invest in scarce and <em><a href="https://cryptonewsland.com/bitcoin-splits-from-gold-as-investors-turn-to-traditional-safe-assets/" target="_blank" rel="noopener noreferrer nofollow">valuable assets</a></em> like gold, silver, and bitcoins because they are scarce and have real value worldwide. He notes that bitcoins are not controlled and have a limited supply. Kiyosaki emphasizes these assets to support his view that traditional financial instruments may not be enough to preserve wealth in a crisis economy.</p>  
<p>Kiyosaki has consistently pointed to the need for alternative investments, positioning them as hedges against an economic crisis that he feels could rival the Great Depression. By investing in scarce assets, individuals may better secure their wealth against market instability and the weakening value of the dollar.</p> 
<p>The post <a href="https://cryptonewsland.com/robert-kiyosaki-warns-of-u-s-banking-sector-crash/" rel="noopener noreferrer nofollow">Robert Kiyosaki Warns of U.S. Banking Sector Crash</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Robert Kiyosaki Warns of U.S. Banking Sector Crash

Table of Contents

Crypto News Land

Other articles published on Nov 4, 2024

Indian police probe $2.7m crypto scam promising fixed returns

Metawin Crypto Casino Loses $4M After Ethereum, Solana Wallet Hacks

Crypto Price Today (Nov 4th, 2024): Bitcoin Price to Hit ATH after U.S Elections?

These crypto ETFs are ‘call options’ on the US elections

With 15,500% surge, XYZVerse set to outshine Pepe, SHIB in the meme coin market

Visa and FV Bank Debut New Debit and Expense Cards, Bridging Crypto and Fiat Global Payments

Join our free newsletter for daily crypto updates!