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

The financial world legend who predicted Lehman Brothers’ collapse is sounding the alarm over America’s “serious” financial troubles.

“I hate 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.

“I think the biggest problem, Neil, is we have the Three Stooges, you know, one in the presidency, one in the Treasury and one at the Fed,” he continued when discussing his outlook on the country’s economic standing.

I hate to rain on Robert Kiyosaki’s parade. I absolutely do not claim to have the financial expertise Robert has, not even remotely close, but we do not have to be a Harvard graduate or a mathamatical genius to see the handwriting on the wall. This financial disaster has been coming on for years and is only generating more energy day by day with the three stooges we have in power.

Coupled with all of the wars we have gotten ourselves into, supporting other countries would turn their back on us in a minute, illegal immigration, homelessness, terrorism abroad and homegrown, the drug situation, and a multitude of other anchors that are dragging us down, BUTTTTT we keep printing more money and spending it like drunken sailors.

I sincerely do not see any hope in the USA pulling out of this fiasco they’ve gotten themselves into.  Most or all of it has been perpetrated for personal financial gains or popularity. There was no fucking way that anyone could look in our current condition and say we are making progress.

To say it is a hopeless sitution based on the dirty road we are travling may hit the nail right on the head, I don’t even know if the election in 2024, if it goes toward the Republicans if that would even make a difference. Or a country may not physically last that long.

I’ve asked this question so many times but never got an answer. How in the name of anything sacred can we continue to pass out dead presidents when our economy is in such poor condition.

Is this fuckin unconscionable or what??

In 2022, 17 federal agencies reported $247 billion in estimated improper payments, averaging $20.5 billion of waste per month or about $683 million per day, according to the Open the Books report released Monday. Jun 15, 2023

These statistics do not even cover theft in office, that without a doubt has to the in the hundreds of billions of dollars.

Talk about being screwed, blued, and tattooed, and we absolutely did it to ourselves by not watching the store.

Folks, the answer is not printing more money, the answer is not raising taxes, the only answer to our dilemma is to quit spending immediately, put the politicians nose to the grindstone demanding they come with a solution on how to trimmed the fat. This is one road the bums will never go down because it impacts their popularity.

Everybody wants to be the hero, everybody wants to be the nice guy, BUTTT I can tell you with 100% certainty that is not how to get the job done. There are cold hard steps that must be taken in order to salvage the USA, BUTTT no one wants to step up to the plate and be the one.

Many of these dilemmas we are in can be corrected in 30 seconds with the stroke of a pen, BUTTT the imbecile we have sitting in THE BIG CHAIR does not want to make that move. For some unholy reason he is bound and determined to turn the USA into a socialist government. The only logical reason can be is to enrich the birds on the top branch.

Buckle up folks – it is going to be e very bumpy ride.