Robert Kiyosaki Says US Dollar Is Toast Citing Saudi Arabia’s Request to Join BRICS – Economics Bitcoin News

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The well-known creator of the best-selling ebook Wealthy Dad Poor Dad, Robert Kiyosaki, says the U.S. greenback is toast, citing Saudi Arabia’s request to hitch 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 in regards to the U.S. greenback. Wealthy Dad Poor Dad is a 1997 ebook co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Greatest Vendor Checklist for over six years. Greater than 32 million copies of the ebook have been offered in over 51 languages throughout greater than 109 nations.

The well-known creator tweeted Wednesday:

Bye bye US $. Saudi Arabia formally joins BRICS. 1974 US $ grew to become 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 want to be a part of the BRICS. Ramaphosa lately 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 want to hitch the BRICS. In 2023, the BRICS summit shall be held beneath the South African presidency and this request shall be studied.

“A number of nations are involved with the BRICS and we’ve got assured them that the accession situation shall be mentioned and a choice shall be made,” Ramaphosa defined.

“If Saudi Arabia joins BRICS, it could be a promotion to the Center East nations to strengthen their ties with BRICS nations and weaken the intervention and affect of the U.S. within the space,” a Beijing-based worldwide relations skilled reportedly told 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 forex to problem the U.S. greenback,” a Twitter person wrote.

Through the BRICS Summit in July, Russian President Vladimir Putin introduced that the BRICS economies plan to situation a “new global reserve currency.” Analysts imagine the BRICS transfer to create a reserve forex 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 yr. Final month, he mentioned the end of the fake money is right here. The famend creator beforehand defined that when President Richard Nixon eliminated the U.S. greenback from the gold normal in 1971, “the U.S. greenback grew to become pretend cash.”

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

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Do you agree with Wealthy Dad Poor Dad creator Robert Kiyosaki in regards to the U.S. greenback being toast? Tell us within the feedback part under.

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.




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