“Rich Dad Poor Dad” author Robert Kiyosaki. The Rich Dad Channel/YouTube
- Robert Kiyosaki warned America’s debt pile will fuel inflation and crush the US dollar.
- The government will print greenbacks to cover its soaring debt costs, eroding their value, he said.
- The “Rich Dad Poor Dad” author has raised the prospect of a severe recession and a market crash.
The US government has racked up onerous amounts of debt, paving the way for stubborn inflation and a dollar disaster, Robert Kiyosaki has warned.
“America is broke right now,” the personal-finance guru said in a recent Fox Business interview. “America is in serious trouble financially because of the debt load.”
The “Rich Dad Poor Dad” author bemoaned that the government’s interest payments have ballooned, meaning it either has to cut back on parts of its budget, or issue more currency to pay its bills.
“I hate to say this…
