TechFlow news, May 20 — Robert Kiyosaki, author of "Rich Dad Poor Dad," recently issued a new warning that Moody's downgrade of the U.S. debt rating could lead to rising interest rates, economic recession, and market collapse, potentially triggering a depression similar to 1929. He advised people to become entrepreneurs, invest in cash-flow-generating real estate, and hold gold, silver, and bitcoin as safe-haven assets. Kiyosaki emphasized that an economic crisis could actually be the best time to build wealth, quoting "the weak wait for opportunities, the strong create them" to encourage investors to shift their mindset.
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