From Robert Kiyosaki, best-selling author of Rich Dad, Poor Dad:
There’s an urgent situation unfolding right now!
The Federal Reserve just warned the world to ‘expect a mild recession this year’.
What this really means: Expect all hell to break loose.
Why?
Because last time they said ‘inflation was transitory’, well, the truth was, inflation was not only out-of-control, it was here to stay.
Back in 2008, the same situation occurred.
After the 85-year-old investment bank, Bear Stearns collapsed, the Treasury Secretary at the time, Hank Paulson stated:
“Our financial institutions, our banks and investment banks are very strong.”
Shortly after, we experienced a huge financial crisis that affected the whole world for years.
And right now, here’s the situation we’re in: The Fed hasn’t been able to get inflation under control despite the record 10 consecutive rate hikes.
This has led to 3 banks collapsing, 186 other banks hanging on by a thin thread and Credit Suisse being bought for pennies on the dollar.
On top of this, Joe Biden is planning to retire the US dollar and replace it with the central bank digital currency, also known as CBDCs.
Plus, the relationship between the USA and its allies is breaking down. Key US allies are moving towards China and Russia.
And to make matters worse, they’re trying to lock up our former President Donald Trump, and are getting away with it.
No doubt, we have a real disaster in our hands.
politicrossing.com/warning-from-rich-dad-poor-dad-robert-kiyosaki-the-coming-financial-tsunami/
h/t Coastie Patriot