Bitcoin’s rise: Swiss push for central bank adoption, boosting credibility and adoption
**Excerpt: No Soft Landing: Here’s Why Robert Kiyosaki Believes the American Economy Is in Depression**
Brace yourself, folks! Personal finance guru Robert Kiyosaki has dropped a bombshell: the American economy is already in a depression, and the government’s attempts to cushion the blow are futile.
In a recent interview, Kiyosaki painted a grim picture, arguing that the Federal Reserve’s relentless interest rate hikes, coupled with the ongoing war in Ukraine and China’s real estate crisis, are brewing a perfect storm for economic disaster.
Kiyosaki’s dire prediction stems from his belief that the Fed’s efforts to tame inflation by raising interest rates will ultimately trigger a recession. He warns that higher interest rates will cripple businesses, making it harder for them to borrow and invest, leading to widespread job losses and a sharp decline in economic activity
