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Kiyosaki claims US layoffs (~60k) prove financial ‘collapse is happening now’ He reiterates call to buy Bitcoin, Gold, Silver as traditional system falters Bitcoin price drops below $77k, flashes ‘death cross’ & other bearish signals Author and financial planner Robert Kiyosaki declared the current wave of U.S. layoffs signals the financial collapse he long predicted isn’t just coming – “it’s happening now.” His comments arrived during continued market turmoil linked to new trade tariffs. In recent weeks, the United States has seen over 60,000 confirmed job cuts under President Trump’s administration, many of them tied to broad cost-cutting measures and operational overhauls. Elon Musk has also played a role in this shift, as companies associated with him undergo significant restructuring. Why Does Kiyosaki Call Layoffs a ‘Chainsaw Massacre’? Kiyosaki likened the current economic environment to a “chainsaw massacre,” describing the layoffs as painful but necessary steps in what he views as an effort to “drain the swamp” and address long-standing inefficiencies in the US system. The TEXAS CHAINSAW MASSACRE is an old movie. Today there is a new horror show known as PRESIDENT TRUMP and ELON MUSKS’ DOGE CHAINSAW MASSACRE While I feel for the millions who are losing their jobs….something had to be done….and Trump and Musk are doing it. Even Warren… — Robert Kiyosaki (@theRealKiyosaki) April 7, 2025 While Kiyosaki expressed sympathy for those affected, he emphasized that such drastic action is needed to confront what he describes as a corrupt and unsustainable monetary system.  However, he also raised doubts about whether these efforts will be enough to stabilize the dollar or reverse the broader economic decline. Kiyosaki’s Bitcoin Love Against this backdrop, Kiyosaki reaffirmed his advice: move away from traditional assets and into alternative stores of value.  He has warned for years about the risks to fiat…

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Filed under: News - @ April 7, 2025 6:22 pm