Moody's Hits U.S. Credit Hard! Kiyosaki Warns: The 1929 Financial Hell May Recur!

Credit rating downgraded, market in turmoil, Robert Kiyosaki warns: This is just the beginning of the crash!

On May 19, Wall Street experienced a heavy blow, triggered by Moody's downgrade of the U.S. credit rating from Aaa to Aa1. Debt soared to $36 trillion, and Moody's stated: The U.S. repayment ability is facing severe challenges.

Market Shock, Three Major Indices Plunge

With the downgrade, Nasdaq 100 futures plummeted by 1.6%, the S&P 500 fell by 1.2%, and the Dow Jones dropped by 0.8%. The 30-year U.S. Treasury yield even rarely surpassed 5%, showing investors' serious unease about U.S. credit.

The previously warming tech stock market was quickly brought back to reality by this sudden credit alarm.

Kiyosaki Criticizes: America is the 'Fire-playing Father'

Kiyosaki, author of 'Rich Dad', immediately issued a warning: This is not just a rating adjustment, but a prelude to a comprehensive crisis.

He compares the U.S. to 'a reckless spending father', borrowing money while having no intention of repaying. Kiyosaki bluntly stated that this could trigger a series of disasters: economic recession, unemployment waves, bank failures, and even a repeat of the 1929 Great Crash.

Opportunity Amid Crisis, Wealthy are Strategizing

Kiyosaki emphasized that this crisis is a window for ordinary people to turn the tables. He suggests avoiding traditional job security and shrinking 401k plans, and instead investing in cash-flow-generating assets such as real estate, gold, silver, and Bitcoin. He pointed out: 'Economic collapse is the time to create real wealth.'

He proposed this idea as early as 2013 through 'Rich Dad's Prophecy', and it is now coming true.

Some are Pessimistic, While Others Watch Coldly

Economist Peter Schiff stated that this downgrade 'has no substantial significance', as it is already an open secret that the U.S. is incapable of repaying its debts. He believes that credit ratings are more of a political game, and the real issues are the out-of-control inflation and default risks.

Federal Reserve's Moves Become Key, Market Awaits with Bated Breath

Next, the statements from Federal Reserve officials will become the market focus. Rate hikes, rate cuts, or wait-and-see? Their every move may trigger a new round of volatility.

But Kiyosaki's direction is clear: Those who own physical assets and have an entrepreneurial mindset will be the winners in this storm.