According to PANews, Robert Kiyosaki, author of 'Rich Dad Poor Dad,' recently expressed concerns on the X platform about the potential for a new financial crisis. He noted that in 1998, Wall Street collaborated to rescue the hedge fund LTCM, and in 2008, central banks intervened to save Wall Street. Kiyosaki believes that each crisis has grown larger, tracing the root of these issues back to 1971 when President Nixon ended the gold standard for the U.S. dollar. He suggests that the next crisis could be triggered by the collapse of the $1.6 trillion U.S. student loan debt.
Kiyosaki advises individuals to protect themselves through self-reliance, recommending the saving of physical gold, silver, and Bitcoin instead of purchasing ETFs.
In related news, the Trump administration has prohibited Harvard University from enrolling international students.
