As the United States debates raising the debt ceiling, Robert Kiyosaki, author of the personal finance bestseller “Rich Dad Poor Dad,” has dismissed the issue as “sloppy comedy,” arguing that the country is broke and people should protect against an impending crisis by buying bitcoin.
The financial guru recently wrote on Twitter that the US is inevitably going bankrupt. He compared the country’s crisis to “kabuki theater,” a Japanese play that combines dynamic and dramatic performances with traditional dance.
In fact, this metaphor is very useful because it reminds us of the importance of looking closely at the “hidden meanings” of the American crisis and never being fooled by the appearances and public speeches of rulers. .
“Kabuki Theater”
For the author, those in power are the authentic interpreters of this theatrical game of lies, manipulation and farce. For example, in the 90s we seemed to live a certain “splendor”, but in the 21st century we experienced a major crisis. Therefore, the only way to a better future is to break with the old system and build a new one in its place.
Kiyosaki already considers the country bankrupt due to excessive spending on wars and welfare; a process that would culminate in an economic tsunami in the coming years.
“Politicians Debate $30 Trillion Debt Rise Limit Bad Comedy, “Kabuki Theater”. The facts are: America is bankrupt. Social Security unfunded liabilities exceed $250 trillion. Financial market “derivative assets” measured in quadrillions…thousands of trillions. WTF. Buy G, S, BC.” said Kiyosaki.
Politicians debate raising $30 trillion US debt limit bad comedy, ‘kabuki theater’. Facts are: US bankrupt. Unfunded liabilities as Social Security are over $250 trillion. Financial market “derivative assets” measured in quadrillions…thousands of trillions. WTF. Buy G,S,BC.
— Robert Kiyosaki (@theRealKiyosaki) May 24, 2023
buy bitcoin
Robert Kiyosaki said he favors the possibility of further tax cuts, but strongly recommends buying Bitcoin.
The economist also supports people who adopt Defi (Decentralized Finance) as a means to combat the economic crisis caused by government funding.
He recently stated that cryptocurrencies are an excellent opportunity to protect assets in light of the global economic crisis that has emerged in recent times.
According to Kiyosaki, the ability to buy bitcoins offers extremely favorable conditions for those who want to protect and increase their wealth.
This possibility is related to the fact that more and more countries are in a critical situation with regard to sovereign debt and inflation. Something that would make cryptocurrencies and tangible goods superior to fiat currencies.
It is worth remembering that Kiyosaki is a strong supporter of Bitcoin and has been constantly talking about the digital currency for the past few years.
In 2020, when the pandemic broke out and the US government started printing trillions of dollars to support the economy, he started tweeting that these new dollars were fake because they had no support and were printed out of nowhere.
Source: Live Coins

Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.