Robert Kiyosaki, author of the popular personal finance book series, “Rich Dad, Poor Dad”, proclaimed that Bitcoin will surge to $75,000 as the US economy dies amid the global pandemic.
In a viral Tweet, Kiyosaki revealed that he’s buying more gold, silver, and Bitcoin as he prays for the best and prepares for the worst during this impending economic meltdown.
Is an Economic Meltdown Inevitable?
In the month of April, retail sales fell a record 16.4%, and manufacturing output saw a record-breaking 13.7% decline.
And what’s worse?
Unemployment claims in the US have reached 30 million since mid-March.
The numbers are not looking great and as such, the Federal Reserve expects the US economy to tank by the end of the second quarter, which means more bankruptcies and more bailouts.
To make matters worse, Kiyosaki believes that the next major bailout will be “trillions in pensions” and stated that “hope is fading.”