Robert Kiyosaki Says US Greenback Is Toast Citing Saudi Arabia’s Request to Be part of BRICS – Economics Bitcoin Information

The well-known creator of the best-selling e book Wealthy Dad Poor Dad, Robert Kiyosaki, says the U.S. greenback is toast, citing Saudi Arabia’s request to affix the BRICS nations that comprise Russia, China, India, Brazil, and South Africa.

Robert Kiyosaki’s Newest US Greenback Warning

The creator of Wealthy Dad Poor Dad, Robert Kiyosaki, is again with one other dire warning concerning the U.S. greenback. Wealthy Dad Poor Dad is a 1997 e book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Finest Vendor Checklist for over six years. Greater than 32 million copies of the e book have been bought in over 51 languages throughout greater than 109 international locations.

The well-known creator tweeted Wednesday:

Bye bye US $. Saudi Arabia formally joins BRICS. 1974 US $ turned PETRO $. Day after Biden pulled out of Afghanistan, Saudis started negotiations with Russia and China … US $ toast. Purchase, gold, silver, bitcoin.

South African President Cyril Ramaphosa reportedly mentioned throughout an interview on the South African Broadcasting Company (SABC) Tuesday that Saudi Crown Prince Mohammed Bin Salman Al Saud has expressed the dominion’s need to be a part of the BRICS. Ramaphosa not too long ago returned from an official go to to Riyadh, Saudi Arabia’s capital metropolis. The BRICS nations are Russia, China, India, Brazil, and South Africa.

The president of South Africa was quoted as saying:

Crown Prince Mohammed bin Salman expressed the dominion’s need to affix the BRICS. In 2023, the BRICS summit will likely be held underneath the South African presidency and this request will likely be studied.

“A number of international locations are in touch with the BRICS and now we have assured them that the accession concern will likely be mentioned and a choice will likely be made,” Ramaphosa defined.

“If Saudi Arabia joins BRICS, it will be a promotion to the Center East international locations to strengthen their ties with BRICS international locations and weaken the intervention and affect of the U.S. within the space,” a Beijing-based worldwide relations skilled reportedly advised International Occasions Wednesday. Many others share the sentiment. “If Saudi Arabia joins BRICS, will probably be one other strategic blow to the American Empire. BRICS+ can launch a democratic and commodity-backed world foreign money to problem the U.S. greenback,” a Twitter person wrote.

Throughout the BRICS Summit in July, Russian President Vladimir Putin introduced that the BRICS economies plan to concern a “new world reserve foreign money.” Analysts consider the BRICS transfer to create a reserve foreign money is an try and undermine the U.S. greenback and the Worldwide Financial Fund (IMF)’s Particular Drawing Rights (SDRs).

Kiyosaki has been predicting the top of the U.S. greenback for fairly a while. Earlier this month, he mentioned that the U.S. greenback will crash by January subsequent 12 months. Final month, he mentioned the finish of the faux cash is right here. The famend creator beforehand defined that when President Richard Nixon eliminated the U.S. greenback from the gold customary in 1971, “the U.S. greenback turned faux cash.”

Final week, he warned about World Conflict III. Kiyosaki believes that the Federal Reserve elevating rates of interest will destroy the U.S. economic system. The Wealthy Dad Poor Dad creator has urged buyers to get into crypto now — earlier than the most important financial crash in world historical past occurs.

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Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source techniques, community results and the intersection between economics and cryptography.