Jakarta, CNBC Indonesia – The volatility of economic and geopolitical conditions has plunged the world into a ‘dark’ state. The impact of this ripple effect is also felt by Indonesia.
As previously reported, Minister of Finance Sri Mulyani Indrawati and Bank Indonesia have highlighted this situation.
“The dynamics of political security have a very real influence on the global economic trend,” said Sri Mulyani, as quoted on Friday (20/12/2024).
Separately, BI Governor Perry Warjiyo said global economic growth is expected to be lower.
“World trade volume remains low, amidst economic slowdown, disruptions in the global supply chain are increasing,” he said.
Perry stated that inflation in both developed and developing countries is currently increasing and pushing central banks in many countries to execute aggressive monetary policies.
In the midst of this situation, renowned investor and bestselling financial author of ‘Rich Dad Poor Dad’, Robert Kiyosaki, revealed three key assets to face the financial ‘apocalypse’.
In a post X on December 1st, Kiyosaki warned of an imminent market collapse and the possibility of the next great depression.
He emphasized that buying gold, silver, and Bitcoin (BTC) is the best defense against potential collapse.
He pointed to what he called the “3 stooges”, referring to those running the White House (US President), the US Department of the Treasury, and the Federal Reserve as indicators of the upcoming crisis.
“[Because] the White House, the US Department of the Treasury, and the Fed, the next great depression [is likely]. Perhaps war. For millions of people, tough times are coming soon,” he said.
“For those with the right mindset and readiness, the next Great Depression will be the best time in their lives. Please be prepared. Take care of yourself. Buy gold, silver, Bitcoin,” Kiyosaki added.
It is worth noting that while Kiyosaki provides advice on asset accumulation, he has long accused the government and related institutions of failing to manage the economy effectively.
In the past, Kiyosaki has expressed harsh criticism and distrust of the Federal Reserve and other government components, referring to them as the “Adams family” and “cartoons killing the economy.” He has asserted that the economy is “in serious trouble” and that these entities “are not our friends.”
As reported by Finbold, this financial advisor has expressed his view that the government shows a lack of concern for its citizens.
He suggests that the only method to protect oneself and loved ones is by working diligently, spending money wisely, and investing in assets such as gold, silver, and Bitcoin.
Additionally, Kiyosaki is also a vocal critic of conventional financial wisdom and an advocate for financial education to achieve wealth and success.
His latest warnings and advice in facing the potential challenges of a Great Depression are in line with his previous views on financial intelligence and strategic investments, where he advocates for three asset classes.
Indeed, Kiyosaki has warned against accumulating traditional investment products, which he considers to be worthless assets.
