Wednesday, July 8, 2026
No Result
View All Result
Bitcoin News Update
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Ethereum
    • Altcoin
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Web3
  • DeFi
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Ethereum
    • Altcoin
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Web3
  • DeFi
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
Marketcap
Bitcoin News Update
No Result
View All Result

Jim Rickards Asked Robert Kiyosaki to Read One Manuscript, Then His View of Global Finance Changed

by Bitcoin News Update
July 8, 2026
in Bitcoin
Reading Time: 3 mins read
0 0
0
Home Bitcoin
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Key Takeaways

Robert Kiyosaki said a manuscript shared by Jim Rickards changed how he views global finance.Kiyosaki warned commonly held financial assets could face pressure as financial rules shift across markets.His claims remain warnings, with evidence and future market developments still central.

Why Did One Manuscript Change Robert Kiyosaki’s View?

Robert Kiyosaki, the author of the best-selling personal finance book Rich Dad Poor Dad, said an advance manuscript of “The Entropy Trap” shared by Jim Rickards prompted him to rethink how he views global finance. Rickards is an economist, lawyer, and financial commentator known for writing about currencies, debt, and systemic market risk. Kiyosaki said the early reading changed his perspective on where the financial system may be headed.

The reaction was framed around a warning about financial change. The book, written by Mickey M. Maini, “blew my mind and opened my eyes to what & why global financial change is coming,” Kiyosaki described. His comments focused on what he described as a shift in the rules behind wealth, assets, and trust.

The central claim is that wealth could move away from people relying on traditional financial assumptions. Kiyosaki asserted:

“The informed will be tomorrow’s ULTRA RICH. Todays uniformed operating by the old rules of money… will become the new poor.”

The Warning Behind the Claim

The warning centers on assets that depend on trust, including U.S. bonds, exchange-traded funds (ETFs), and mutual funds. Kiyosaki framed those instruments as vulnerable under the financial shift he says is coming, placing commonly held investment products at the center of the risk.

That claim is severe, but he presented it as a warning rather than a proven outcome. He also pointed to large bondholders, including Japan, saying they have already started dumping U.S. bonds. He did not provide supporting data in the statement.

The acclaimed author shared:

“Message from book… ‘All assets that require trust, assets that most people have… such as U.S. bonds, ETFs, mutual funds will be flushed down toilets, all over the world.’”

The broader conflict is whether traditional financial assets remain reliable under the conditions Kiyosaki described. His framing divides investors between those preparing for a changed financial system and those still operating under assumptions he says may no longer hold.

What Still Needs to Be Proven

A planned August study session could clarify the warning Kiyosaki described. He said his study team would examine the message and that Rickards may join, though the evidence behind the claims has not yet been laid out.

For now, the warning rests on Kiyosaki’s account of a manuscript that changed his view. He urged readers to prepare, writing:

“I want you to be one of the world’s new rich.”

What remains unknown is whether market data, policy moves, or investor behavior will confirm the risk he described.

His recent commentary has focused on what he describes as fragility in the global monetary system, particularly around the U.S. dollar. He has pointed to rising debt, central bank policies, and inflation as risks that could trigger a sharp market downturn.

Alongside those concerns, he has repeatedly highlighted bitcoin, gold, and silver as alternative stores of value. In his view, those assets may help reduce exposure to traditional financial instruments during periods of currency weakness and market turbulence.



Source link

Tags: AskedChangedFinanceGlobalJimKiyosakimanuscriptReadRickardsRobertrobert kiyosakiView
Previous Post

XRP Sees Triple Adoption Boost as Tokenized Assets Reach $4 Billion, ETF Demand Stays Strong

Related Posts

XRP Sees Triple Adoption Boost as Tokenized Assets Reach  Billion, ETF Demand Stays Strong
Bitcoin

XRP Sees Triple Adoption Boost as Tokenized Assets Reach $4 Billion, ETF Demand Stays Strong

July 7, 2026
LeBron James Leaves Lakers as Prediction Markets Wager Millions on His Next NBA Home
Bitcoin

LeBron James Leaves Lakers as Prediction Markets Wager Millions on His Next NBA Home

July 7, 2026
Bitcoin ETF Inflows Return: Can BTC Break K?
Bitcoin

Bitcoin ETF Inflows Return: Can BTC Break $70K?

July 7, 2026
Hyperliquid Stays Near All-Time High, Even as Bitcoin ETFs Lose .5 Billion
Bitcoin

Hyperliquid Stays Near All-Time High, Even as Bitcoin ETFs Lose $6.5 Billion

July 7, 2026
Bitcoin Suisse Wins Abu Dhabi License, Extends Digital Asset Push Into The UAE
Bitcoin

Bitcoin Suisse Wins Abu Dhabi License, Extends Digital Asset Push Into The UAE

July 7, 2026
Bitcoin Bottom Signal Last Seen at FTX Collapse Flashes as Saylor’s Strategy Dumps 3,588 BTC
Bitcoin

Bitcoin Bottom Signal Last Seen at FTX Collapse Flashes as Saylor’s Strategy Dumps 3,588 BTC

July 7, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

World markets by TradingView
Facebook Twitter Instagram Youtube RSS
Bitcoin News Update

Your trusted source for breaking Bitcoin news and live crypto prices. Bitcoin News Updates keeps you informed and ahead of the market curve.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • About us
  • Advertise with us
  • Disclaimer 
  • Privacy Policy
  • DMCA 
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2026 Bitcoin News Update.
Bitcoin News Update is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$62,945.00-0.59%
  • ethereumEthereum(ETH)$1,756.99-1.25%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$570.82-1.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • rippleXRP(XRP)$1.10-2.70%
  • solanaSolana(SOL)$78.97-2.87%
  • tronTRON(TRX)$0.3305780.27%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.92%
  • HyperliquidHyperliquid(HYPE)$68.27-3.33%
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Ethereum
    • Altcoin
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Web3
  • DeFi
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert

Copyright © 2026 Bitcoin News Update.
Bitcoin News Update is not responsible for the content of external sites.