Robert Kiyosaki warns of a major economic crisis after Moody's downgrade of the US credit rating

Moody's downgraded the US credit rating from Aaa to Aa1, triggering a wave of selling in the markets and a rise in bond yields, amid growing concerns about the $36 trillion national debt. Robert Kiyosaki warned of an imminent recession similar to the 1929 crash, urging investors to hedge with real assets like gold, silver, and Bitcoin. In contrast, Peter Schiff considered Moody's downgrade a politically motivated non-event. Kiyosaki sees the crisis as an opportunity for wealth for those who adopt an entrepreneurial mindset and make smart investments.