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Kiyosaki Blames Global Cash Crunch for Market Crash, Stays Bullish on Bitcoin

From financefeeds.com

Robert Kiyosaki, the bestselling author of *Rich Dad Poor Dad*, told his 2.8 million followers over the weekend that the ongoing market crash has “nothing to do with sentiment” and everything to do with a global shortage of cash. Calling it the bursting of “the everything bubbles,” he argued the selloff sweeping across stocks, crypto, commodities, and risk assets is rooted in a worldwide liquidity squeeze. According to Kiyosaki, markets aren’t collapsing because investors lost long-term conviction — they’re collapsing because people and institutions simply need cash. “The cause of all markets crashing is the world is ... (full story)

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  • Category: Fundamental Analysis