BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Robert Kiyosaki Warns of Financial Crisis After Weak Treasury Auction
Robert Kiyosaki Warns of Financial Crisis After Weak Treasury Auction
15
3
Robert Kiyosaki, author of "Rich Dad Poor Dad," has sounded alarms over a recent U.S. Treasury auction, declaring "THE END is HERE" in a social media post. The auction saw tepid demand, forcing the Federal Reserve to step in as a buyer of last resort—a scenario Kiyosaki likens to "throwing a party and no one showing up."
The failed auction underscores growing skepticism about U.S. debt sustainability. Treasury auctions are critical to federal financing, typically attracting robust participation from primary dealers and institutional investors. Their failure could signal eroding confidence in traditional markets—a potential catalyst for capital flight into alternative assets like Bitcoin and gold.
By:
Previous
Major U.S. Banks Consider Joint Stablecoin Initiative to Counter Crypto Competition
Next
7 Smart Strategies for Portfolio Rebalancing During Withdrawal Phases
