Financial expert Robert Kiyosaki warned of America’s serious financial troubles due to its debt load, criticizing the country’s economic leadership and cautioning that the U.S. is broke.
He highlighted the national debt surpassing $33 trillion and emphasized the historical consequences of excessive money printing.
Kiyosaki expressed concerns about ongoing money printing to address rising debt and warned about the persistence of inflation and incompetence among those steering the economy. (Trending: Tucker Reveals The Moment He Became A Full-Blown Trump Supporter)
“I hate to say this because, you know I love America, but America is in serious trouble financially because of the debt load,” Rich Dad Company co-founder Robert Kiyosak said.
“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 added.
“America is broke right now,” Kiyosaki said.
“All you do is look at history. Every time they printed money, the empire went down.”
“We just keep printing money to solve our problems, but we can’t go on much longer.”
“I hate to say this, but inflation is here to stay. Incompetence is here to stay,” Kiyosaki concluded.
The public opinion on the economy and inflation is also worth noting, as a majority of Americans have expressed pessimism.
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