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Economy Published December 1, 2023 12:07pm EST

US in 'serious trouble,' financial world

legend who predicted Lehman
collapse warns
'Inflation,' 'incompetence' is here to stay, Rich Dad Poor Dad author Robert Kiyosaki says
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America is broke right now: Robert Kiyosaki Arrives Weekly

Rich Dad Company co-founder Robert Kiyosaki argues the U.S. in 'serious trouble financially because of the debt load.'
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The financial world legend who predicted Lehman Brothers' collapse is sounding the alarm the week, plus CEO interviews, market
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over America’s "serious" financial troubles. matters to you.

"Ihate to say this because, you know I love America, but America is in serious trouble
financially because of the debt load," Rich Dad Company co-founder Robert Kiyosak said
during his appearance on "Cavuto: Coast to Coast" Thursday.
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"America is broke right now," Kiyosaki told host Neil Cavuto.

YELLEN AND REST OF BIDENOMICS TEAM IGNORE MIDDLE-CLASS MISERY THEIR

POLICIES CREATE

In September, U.S. national debt topped $33 trillion for the first time ever, crossing a
critical milestone at a time when government spending is already under scrutiny.

"All you do is look at history. Every time they printed money, the empire went down," he
stressed.

Kiyosaki went on to say that the government will continue printing money to pay for the
country’s rising debt unless they "cut back on entitlements or the military."

ECONOMISTS MOCK 'BIDENOMICS' PUSH FROM WHITE HOUSE: 'THEY SPEND LIKE
DRUNKEN SAILORS'

"We just keep printing money to solve our problems, but we can't go on much longer," he
warned.

We are knocking on the door of $34 trillion in debt: Steve Moore

FreedomWorks senior economist Steve Moore discusses how lawmakers are floating out a commission to tackle the $34 trillion debt on ‘The
Bottom Line.’

In the latest Fox News poll asking Americans about the state of the economy, just 29% of
respondents said the economy has started to turn around, while 67% say the worst is yet
to come.

As the 2024 presidential election nears, inflation continues to be the main concern for
voters.

"Ihate to say this, but inflation is here to stay. Incompetence is here to stay," Kiyosaki
expressed.

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FOX Business’ Megan Henney and Stephen Sorace contributed to this report

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