Renowned author Robert Kiyosaki warns of a potential global financial meltdown following Japan’s decision to end its long-standing carry trade. This move could trigger a collapse in real estate, stocks, and employment.
Kiyosaki expresses concerns about the global repercussions of Japan’s decision to conclude its carry trade, which allowed investors to borrow at low rates and invest in higher-yielding assets worldwide. He warns of a possible financial meltdown affecting various sectors.
The termination of Japan’s carry trade after 30 years could have significant implications for global markets. Kiyosaki suggests this could lead to a tightening of global financial conditions, potentially sparking a global financial meltdown.
Kiyosaki advises individuals to prepare for economic downturns by following a 10-point investment strategy. He recommends investments in energy, gold, silver, and cryptocurrencies like Bitcoin and Ethereum to safeguard and expand wealth during uncertain times.
Read more at Yahoo Finance: Robert Kiyosaki Predicts Global Financial Meltdown Following Japan’s Carry Trade Closure, Says ’30 YEAR BUBBLE BURSTING’
