July 28, 2025
5 min read
@cryptonews
Robert Kiyosaki warns of a 1929-like crash, urging investors to hold Bitcoin, gold, and silver amid soaring U.S. debt and economic risks.
Rich Dad Poor Dad Author Warns of 1929-Style Crash: Advocates Bitcoin, Gold & Silver
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has issued a stark warning that the United States may be heading toward a financial collapse reminiscent of the 1929 stock market crash and the Great Depression. “Do you have a 401k or IRA filled with stocks?” Kiyosaki asked on X (formerly Twitter), highlighting his concerns about the U.S. economy and urging caution with traditional assets. Drawing parallels to the 1929 crash, Kiyosaki revealed he is avoiding conventional investments and going all-in on Bitcoin, gold, and silver.DO YOU have a 401k or IRA filled with stocks?>
DO YOU know investment legends Warren Buffet and Jim Rogers have sold most if not all of their stocks and bonds?>
They are both in cash or silver.>
If you do not know why Buffet and Rogers have sold their stocks and bonds you may…>
— Robert Kiyosaki (@theRealKiyosaki) July 28, 2025
Robert Kiyosaki Warns of ‘Another Great Depression’ as U.S. Debt Hits $36.6 Trillion
Kiyosaki pointed to investment icons Warren Buffett and Jim Rogers, noting both have significantly reduced their exposure to stocks and bonds, opting instead for cash or silver. “If you do not know why Buffett and Rogers have sold their stocks and bonds, you may want to find out,” he said. He warned of “another Great Depression” and described America’s mounting debt as unsustainable. “You can only print money to pay your bills… for so long,” Kiyosaki added. The U.S. national debt recently surged to an all-time high of $36.6 trillion, increasing by $367 billion in July alone. This jump followed President Trump’s approval of a sweeping spending bill that raised the debt ceiling by $5 trillion, expected to sustain government operations through 2027 without default.
Source: St. Louis Fed
The ballooning debt is straining federal finances. Interest payments already consume 13% of the national budget and are projected to exceed $1 trillion annually by 2033. Analysts warn this trajectory could force cuts to Social Security, Medicare, and defense spending amid rising global tensions.
Economic stress signals are also emerging. Kurt S. Altrichter of Ivory Hill Wealth highlighted the U.S. housing market’s weakening condition, noting that inventory for new single-family homes has swelled to nearly 10 months’ supply — a level historically seen only during or just before recessions.
The months’ supply of new single-family homes is now at 9.8.>
Historically, levels this high have only occurred during or right before recessions. Builders aren’t just fighting high rates, they’re fighting demand evaporation.>
The housing market is weak. pic.twitter.com/XEXjgNKBwk>
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) July 7, 2025Jack Mallers, CEO of Strike, also commented that the U.S. Treasury likely has no option but to expand the monetary base, effectively printing more money.
Kiyosaki Reaffirms Support for Bitcoin as U.S. Inflation and Debt Worsen
Bitcoin, often viewed as an inflation hedge, dipped to an intraday low of $117,914 on the day Kiyosaki issued his warning, following $47.5 million in liquidations of leveraged long positions. Despite short-term volatility, Bitcoin remains up more than 60% from its April lows, with many market participants maintaining a bullish long-term outlook. Short-term price action has been volatile, especially near the $118K to $120K range, where large clusters of leveraged bets have triggered automated sell-offs upon resistance. Kiyosaki continues to emphasize Bitcoin’s role as a safe haven, stating, “I sit tight with gold, silver & Bitcoin.” His warnings echo growing concerns among investors and analysts about the sustainability of traditional financial systems amid rising debt and inflation. Bitcoin and other scarce assets are increasingly seen as potential hedges against long-term fiscal instability. While some critics argue that such alarmist views may overstate the risks, Kiyosaki’s message is clear: “Please take care, and do your own research.”Source: Cryptonews on July 28, 2025