Jakarta, CNBC Indonesia – The unstable geopolitical and economic situation has plunged the world into darkness. The impact of this darkness extends to Indonesia.
Previously, Finance Minister Sri Mulyani Indrawati and Bank Indonesia have highlighted this situation. “The dynamics of political security have a very real impact on the global economic trends,” said Sri Mulyani, as quoted on Friday (20/12/2024).
Separately, BI Governor Perry Warjiyo said global economic growth is expected to be lower.
“World trade volume remains low, amid economic slowdown, disruptions in the global supply chain are increasing,” he said.
Perry stated that inflation in both developed and developing countries is now rising, prompting central banks in many countries to execute aggressive monetary policies.
In the midst of this situation, renowned investor and bestselling financial author ‘Rich Dad Poor Dad’, Robert Kiyosaki, revealed three crucial assets to face financial ‘doomsday’.
In a post on X, on December 1st, Kiyosaki warned of an imminent market collapse and the possibility of the next great depression.
He emphasized that buying gold, silver, and Bitcoin (BTC) are the best defenses against potential collapse. He pointed to what he called the “3 stooges,” referring to those running the White House (US President), the US Department of Treasury, and the Federal Reserve as indicators of the upcoming crisis.
“[Because of] the White House, the US Department of Treasury, and the Fed, the next great depression [is likely to happen]. Maybe war. For millions of people, tough times are about to come,” he said.
“For those with the right mindset and readiness, the next Great Depression will be the best time of their lives. Please prepare. Take care of yourself. Buy gold, silver, Bitcoin,” Kiyosaki added.
It is worth noting that although Kiyosaki provides advice on asset accumulation, he has long accused the government and related institutions of failing to manage the economy effectively.
In the past, Kiyosaki has made scathing criticisms and expressed distrust towards the Federal Reserve and other government components, calling them “Adams family” and “cartoons killing the economy.” He has asserted that the economy is “in serious trouble” and that these entities “are not our friends.”
As reported by Finbold, this financial advisor has expressed his view that the government shows a lack of concern for its citizens.
He suggests that the only method to protect oneself and loved ones is to work diligently, spend money wisely, and invest in assets like gold, silver, and Bitcoin.
Furthermore, Kiyosaki is also a vocal critic of conventional financial wisdom and a supporter of financial education to achieve wealth and success.
His latest warnings and advice in facing the potential challenges of a Great Depression are in line with his previous views on financial intelligence and strategic investments, where he advocates for three asset classes.
Indeed, Kiyosaki has warned against accumulating traditional investment products, which he considers to be worthless assets.
