Robert Kiyosaki, co-founder of the Rich Dad Company, is warning about the serious financial troubles facing America due to the country’s debt load.
He criticized the government’s handling of the economy and expressed concerns about the continued printing of money to pay off debt.
Kiyosaki also highlighted the public’s concern about the economy and inflation, stating that both are here to stay. (Trending: Disgraced Democrat Sued For Sexual Assault)
“I hate to say this because, you know I love America, but America is in serious trouble financially because of the debt load,” said Rich Dad Company co-founder Robert Kiyosak.
“I think the biggest problem, Neil, is we have the Three Stooges, you know, one in the presidency, one in the Treasury and one at the Fed,” he continued.
“America is broke right now,” added Kiyosaki.
“All you do is look at history. Every time they printed money, the empire went down,” emphasized the financial advisor.
“We just keep printing money to solve our problems, but we can’t go on much longer, he cautioned.
“I hate to say this, but inflation is here to stay. Incompetence is here to stay,” Kiyosaki quipped.
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