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

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the U.S. dollar is toast, citing Saudi Arabia’s request to join the BRICS nations that comprise Russia, China, India, Brazil, and South Africa.

Robert Kiyosaki’s Latest US Dollar Warning

Robert Kiyosaki (author of Rich Dad Poor Dad) is back again with a dire warning regarding the U.S. Dollar. Rich Dad Poor Dad, a book written in 1997 with Sharon Lechter is co-authored. For six consecutive years, it has been a New York Times Best Seller List. It has been sold more than 32,000,000 copies in 51 languages and in 109 other countries.

Twitter: Wednesday, the famous author

Bye bye US $. Saudi Arabia joins BRICS. 1974 US$ became PETRO US$. Day after Biden pulled out of Afghanistan, Saudis began negotiations with Russia and China … US $ toast. Buy, gold, silver, bitcoin.

South African President Cyril Ramaphosa reportedly said during an interview at the South African Broadcasting Corporation (SABC) Tuesday that Saudi Crown Prince Mohammed Bin Salman Al Saud has expressed the kingdom’s desire to be part of the BRICS. Ramaphosa recently returned from an official visit to Riyadh, Saudi Arabia’s capital city. The BRICS members are South Africa, Brazil, India and China.

According to reports, the president of South Africa said:

Crown Prince Mohammed bin Salman expressed the kingdom’s desire to join the BRICS. The South African presidency will host the BRICS summit in 2023. This request will also be examined.

“Several countries are in contact with the BRICS and we have assured them that the accession issue will be discussed and a decision will be made,” Ramaphosa explained.

“If Saudi Arabia joins BRICS, it would be a promotion to the Middle East countries to strengthen their ties with BRICS countries and weaken the intervention and influence of the U.S. in the area,” a Beijing-based international relations expert reportedly told Global Times Wednesday. The sentiment is not shared by all. “If Saudi Arabia joins BRICS, it will be another strategic blow to the American Empire. BRICS+ can launch a democratic and commodity-backed global currency to challenge the U.S. dollar,” a Twitter user wrote.

During the BRICS Summit in July, Russian President Vladimir Putin announced that the BRICS economies plan to issue a “new global reserve currency.” Analysts believe the BRICS move to create a reserve currency is an attempt to undermine the U.S. dollar and the International Monetary Fund (IMF)’s Special Drawing Rights (SDRs).

Kiyosaki had been forecasting the death of the U.S. dollars for a while. He stated earlier in the month that the U.S. will collapse by January 2019. He said last month that the end to fake money was near. The renowned author previously explained that when President Richard Nixon removed the U.S. dollar from the gold standard in 1971, “the U.S. dollar became fake money.”

His warning about World War III was made last week. Kiyosaki thinks that raising interest rates by the Federal Reserve will lead to the destruction of the U.S. economic system. The Rich Dad Poor Dad author has urged investors to get into crypto now — before the biggest economic crash in world history happens.

Robert Kiyosaki, author of Rich Dad Poor Dad believes that the U.S. Dollar is a joke. Leave your comments below.

Kevin Helms

Kevin is a graduate of Austrian Economics. He discovered Bitcoin in 2011, and has been an advocate ever since. He is interested in Bitcoin security and open-source software, network effects, and the intersection of cryptography and economics.