US stock indexes completed trading strong drops

US stock indexes completed trading with a strong fall against the background of publishing inflation data. The author of the financial bestseller “Rich Dad, Poor Dad” predicted the largest collapse of the markets. In his opinion, you need to go to cryptocurrency before these events. Meanwhile, a few months ago, Kiyosaki spoke skeptically about Bitcoin, but now he reviewed his views.

American stock indices collapsed on Tuesday against the background of consumer prices in the United States, which significantly exceeded forecasts. The DJIA index fell by 3.9%, the S&P 500 wide market index collapsed by 4.3%, the high -tech NASDAQ collapsed by 5.2%. The fall of the DJIA index has been a record since June 2020.

Famous writer and investor Robert Kiyosaki predicted the largest collapse in the market in history in his newsletter for subscribers, writes RBC. In his opinion, investors should go to cryptocurrency before it squeezes the US dollar and transforms the entire world financial system.

dollar will ultimately destroy the existing economic The system, which will entail the massive acceptance of cryptocurrencies, Kiyosaki believes.

“It is not enough to just want to engage in cryptocurrency. Now is the time when you need to do cryptocurrency before the largest economic collapse in history occurs,” he said.

Meanwhile, in May, Kiyosaki spoke skeptically about Bitcoin. In June, he stated that Bitcoin would buy after his fall to $ 1.1 thousand. Investors are running from shares due to an increase in the likelihood of an economic decline, showed Bank of America survey. They have increased the share of money in the portfolios to the maximum since 2001, and investments in the action were reduced to a record minimum.