Robert Kiyosaki says the crisis in the banking sector is far from over. Robert Kiyosaki offers his followers precious metals and bitcoin He told them to prepare for the disaster he predicted by accumulating (BTC).
Robert Kiyosaki said that the crisis in the banking sector is far from over. says.
More banks about to fail. Rumor is Mortgage giant Loan Depot is on the ropes. Regional banks and mortgage companies are falling. Please be careful. I would not believe anything Pres Biden, Fed Chairman Powell or Sec Treasury Yellin say. Think for yourself.
— Robert Kiyosaki (@theRealKiyosaki) June 15, 2023
NEWS CONTINUES BELOW
Kiyosaki said he believes California-based mortgage lender LoanDepot to his 2.4 million Twitter followers is likely on the verge of bankruptcy.
LoanDepot reportedly lost $610.4 million despite laying off 6,100 people last year.
According to Kiyosaki, the crisis will probably not end with LoanDepot, and a significant number of banks will continue to come under great pressure.
“More banks are about to fail. Mortgage giant Loan Depot is said to be in trouble. Regional banks and mortgage companies are falling.
Please be careful. Don’t believe anything President Biden, Fed Chairman Powell, or Treasury Secretary Yellen says. Think for yourself.”
Last week, Kiyosaki warned of an impending collapse in the real estate industry.
According to the best-selling former finance writer, the impending real estate crash will likely be much worse than the 2008 housing market crash.
“The biggest real estate crash ever. It was the Great Financial Crisis (GFC) of 2008.
2023 will make the 2008 GFC look like nothing. Office towers in San Francisco were in vogue in 2019. In 2023 the same buildings lost 70% of their value.
What will cities do with office buildings? Homes for the homeless. Get gold, silver and Bitcoin.”
At the time of this writing, Bitcoin is trading at $26,634, up over 4% in the last 24 hours.