According to Robert Kiyosaki, who predicted the demise of Lehman Brothers, “Credit Suisse To Collapse Next.”

Kiyosaki, who foresaw the fall of Lehman Brothers in 2008, points to the bond market as the cause of the issue and forewarns of a declining US currency.

Since Silicon Valley Bank and Signature Bank in the United States recently failed, the financial markets throughout the world are once again tense. The impact has been felt on all of the world’s major stock exchanges, and banking institutions are now at risk of a cascade effect.

According to reports, Robert Kiyosaki, an analyst and author best known for his blockbuster “Rich Dad, Poor Dad “, one of the biggest investment banks in Europe, is now seen as the next organisation in danger of failing.

Robert Kiyosaki predicts that the US would face “severe difficulty” as the value of the dollar declines.”

Kiyosaki, who foresaw the fall of Lehman Brothers in 2008, points to the bond market as the cause of the issue and forewarns of a declining US currency.

During a recent interview on the Fox News programme “Cavuto: Coast to Coast,” Kiyosaki issued a warning that the bond market is far bigger than the stock market.

“The Fed is up, and they’re the firemen and the arsonists,” he said.” He asserted that the US dollar is eroding globally and that the Federal Reserve will “print more and more and more of it, “for it to prevent sinking.

According to Kiyosaki, the US will face “severe problems” as the value of the dollar declines.”

The founder of Rich Dad Company has voiced his worries about the “perfect storm.” “brewing because of the impending retirement of his generation and the collapse of the bond market.

He voiced worry about the state of the market and the potential effects it may have on pension plans and IRAs (IRAs).

In the event of a financial disaster, Kiyosaki forewarned, bank rescue costs will be borne mostly by US taxpayers.

He specifically mentioned Credit Suisse as the upcoming bank to face serious financial difficulties. Hours before the Swiss bank disclosed “significant weakness” in its reporting practises for the fiscal years 2021 and 2022, he made the forecast.

He expressed concern about the situation of the market and the possible consequences it may have on IRAs and pension plans (IRAs).

In the event of a financial crisis, bank bailout expenses will be mostly covered by American taxpayers, said Kiyosaki.

He singled out Credit Suisse as the prospective bank that will experience significant financial troubles. He made the prediction hours before the Swiss bank revealed “serious vulnerability” in its reporting procedures for the fiscal years 2021 and 2022.

31 thoughts on “According to Robert Kiyosaki, who predicted the demise of Lehman Brothers, “Credit Suisse To Collapse Next.”

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