"Inflation Is Even Causing Some Wealthy People to Go Bankrupt," Claims Kiyosaki
Robert Kiyosaki, bestselling author of "Rich Dad Poor Dad," analyzed that due to global inflation and changes in consumer patterns, well-known franchise stores such as McDonald's and Burger King are going bankrupt, and that assets like Bitcoin, gold, and silver will shine even more in this economic crisis.
On the 27th (local time), Robert Kiyosaki stated on his X (formerly Twitter) account, "Poor people are even turning away from fast food, and as a result, even some ultra-wealthy owners are suffering financial losses."
He explained, "Some wealthy people own McDonald's and Burger King franchises," and added, "Even franchisees operating multiple stores are now going bankrupt." He pointed out, "Today, poor people cannot even afford to eat at McDonald's or Burger King."
He also said, "It might be a good thing that poor people are eating healthy and inexpensive foods like apples or kale, but due to inflation, even the wealthiest people are gradually becoming poorer." He continued, "While this may be a healthy change for some, it is by no means positive economically."
He has previously issued several warnings. One of McDonald's potato suppliers went bankrupt, which he attributed to poor people reducing their consumption of French fries.
Kiyosaki said, "Some of the richest people in the world are actually going bankrupt, and this is an unhealthy signal for the entire economic ecosystem." He added, "To wisely navigate the current situation, I have sought the wisdom of experts and saved gold, silver, and Bitcoin."
Finally, he argued, "In a world overflowing with fake money and fake teachers, knowledge has become the new money," and claimed, "This is why there is a lack of genuine financial education in schools, and why President Trump and Elon Musk are trying to shut down the 'Marxist' Department of Education."
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