Fun

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

News Feed - 2022-10-21 09:10:15

Robert Kiyosaki Says US Dollar Is Toast Citing Saudi Arabia"s Request to Join BRICS


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


The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with another dire warning about the U.S. dollar. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.


The famous author tweeted Wednesday: Bye bye US $. Saudi Arabia officially joins BRICS. 1974 US $ became PETRO $. 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 nations are Russia, China, India, Brazil, and South Africa.


The president of South Africa was quoted as saying: Crown Prince Mohammed bin Salman expressed the kingdom’s desire to join the BRICS. In 2023, the BRICS summit will be held under the South African presidency and this request will be studied.


“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. Many others share the sentiment. “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 has been predicting the end of the U.S. dollar for quite some time. Earlier this month, he said that the U.S. dollar will crash by January next year. Last month, he said the end of the fake money is here. 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.”


Last week, he warned about World War III. Kiyosaki believes that the Federal Reserve raising interest rates will destroy the U.S. economy. The Rich Dad Poor Dad author has urged investors to get into crypto now — before the biggest economic crash in world history happens. Tags in this story Rich Dad Poor Dad, Rich Dad Poor Dad BRICS, Rich Dad Poor Dad Saudi Arabia, robert kiyosaki, Robert Kiyosaki BRICS, Robert Kiyosaki Saudi Arabia, Robert Kiyosaki Saudi BRICS, Robert Kiyosaki us dollar, Robert Kiyosaki US Dollar toast, Saudi Arabia joining BRICS, Saudi Arabia Joins BRICS


Do you agree with Rich Dad Poor Dad author Robert Kiyosaki about the U.S. dollar being toast? Let us know in the comments section below. Kevin Helms


A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Investor Richard Mills Says Economy Is Rushing Into a "US Dollar Crisis of Epic Proportions" ECONOMICS | 15 hours ago Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment ECONOMICS | 1 day ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleOnecoin Cryptoqueen Associates Appear in German Court Next articleJPMorgan Hires Former Executive of Bankrupt Crypto Firm as Head of Digital Assets Regulatory Policy Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItToday"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits


As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher

News Feed

The Greatest Wealth Transfer: Economists Predict the Emergence of New Bitcoin Millionaires, BTC Capturing 3% of Gold Market
The Greatest Wealth Transfer: Economists Predict the Emergence of New Bitcoin Millionaires, BTC Capturing 3% of Gold MarketThe global economy has been feeling the hardships from the
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World"s Top 10 Most Valuable Assets The crypto economy has jumped back above the $2 trillion mark after falling b
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
The Fed"s Money Creation System Is Fueling One of the Biggest Heists in History Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands o
Portal introduces ‘PortalPay’ interoperability for blockchain gaming
Vince QuillJul 11, 2024Portal introduces ‘PortalPay’ interoperability for blockchain gamingPortal aims to become the “Stripe of crypto” by lowering common barriers to entry for players eyeing blockchain video gam
Nearly 80% of hacked cryptocurrencies never recover in price — Immunefi
Zoltan Vardai11 hours agoNearly 80% of hacked cryptocurrencies never recover in price — ImmunefiCrypto protocols usually sustain real damage after the exploit occurs, but some tokens are more resilient.676 Total views4
This Bitcoin Hard Fork Is up Over 100% YTD & Still Looks Very Bullish
While the limelight continues to shine on bitcoin, there are other crypto tokens that might also deserve your attention. One, in particular, is Bitcoin Gold.The bitcoin hard fork cl
Ripple faces securities suit in California over CEO’s ‘misleading statement’
Jesse Coghlan5 hours agoRipple faces securities suit in California over CEO’s ‘misleading statement’Judge Phyllis Hamilton found XRP could be a security when sold in the retail market and gave the go-ahead to a law
Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks
Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks The global lending institution, the International Monetary Fund (IMF) has told the Ke
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10% Over three billion in value was erased from the stablecoin economy duri
Binance exec legal battle escalates amid US-Nigeria tug of war
Amaka Nwaokocha1 hour agoBinance exec legal battle escalates amid US-Nigeria tug of warIn a statement to the press, Gambaryan’s wife expressed her confusion about why the Economic and Financial Crimes Commission will n
David Attlee12 hours agoBank of England will get more power in regulating stablecoinsThe United Kingdom government could rebalance the power between the Bank of England and the country’s principal financial regulator,
Gareth Jenkinson8 hours agoDecentralized Web3 data service taps ZK-proofs for tamper-proof SQL queriesSpace and Time launches zero-knowledge proof tool for its decentralized database platform.981 Total views48 Total shar