{"id":209232,"date":"2023-12-09T04:06:27","date_gmt":"2023-12-08T22:36:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=209232"},"modified":"2023-12-09T04:06:27","modified_gmt":"2023-12-08T22:36:27","slug":"us-debt-surges-240717893000-in-one-month-as-robert-kiyosaki-warns-america-in-serious-trouble-over-heavy-borrowing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/us-debt-surges-240717893000-in-one-month-as-robert-kiyosaki-warns-america-in-serious-trouble-over-heavy-borrowing-crypto-news\/","title":{"rendered":"US Debt Surges $240,717,893,000 in One Month As Robert Kiyosaki Warns America in \u2018Serious Trouble\u2019 Over Heavy Borrowing &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Rich Dad Poor Dad author Robert Kiyosaki says America\u2019s debt, which grew by $240 billion in November, is putting the country in grave danger.<\/p>\n<p>Fresh <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/fiscaldata.treasury.gov\/datasets\/debt-to-the-penny\/debt-to-the-penny\">data<\/a> from the U.S. Treasury shows that the national debt rose from $33.637 trillion on November 1st to $33.878 trillion by the end of the month, which is also a $2.46 trillion increase year on year.<\/p>\n<p>In a new interview with Fox Business, Kiyosaki <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=X7qQqUhcq1I\">says<\/a> America\u2019s propensity to print more money has damaged the nation\u2019s fiscal foundation.<\/p>\n<p><em>\u201c[Cash] became trash, and so they just kept printing and printing and printing. All you have to do is look at history. Every time they printed money the empire went down, and I hate to say this because I love America, but America is in serious trouble financially because of the debt load.\u201d\u00a0<\/em><\/p>\n<p>The best-selling author, who has been vocally bullish on precious metals and Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) as hedges against currency debasement, says that cash will continue to devalue as he doesn\u2019t see a scenario where the US government stops printing money.<\/p>\n<p><em>\u201cI hate to say this but inflation is here to stay. Incompetence is here to stay. They\u2019re going to keep printing more money to pay for the debt, and unless we either cut down on entitlements or the military \u2013 which we won\u2019t do \u2013 I would rather have gold than cash, that they can print\u2026<\/em><\/p>\n<p><em>\u201cThe worst part about it is our national debt. We\u2019re bankrupt. And why don\u2019t we say that? We just can\u2019t keep printing more money to pay it off, and that\u2019s really the problem, we just keep printing the money to solve our problems, when we can\u2019t go on much longer.\u201d<\/em><\/p>\n<p><iframe loading=\"lazy\" title=\"Financial legend who predicted Lehman collapse issues dire warning over US\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/X7qQqUhcq1I?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"color: #ffffff\">O<\/span><\/p>\n<div>\n<div class=\"hideinamp\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rich Dad Poor Dad author Robert Kiyosaki says America\u2019s debt, which grew by $240 billion in November, is putting the country in grave danger. Fresh data from the U.S. Treasury shows that the national debt rose from $33.637 trillion on November 1st to $33.878 trillion by the end of the month, which is also a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":209233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-209232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/209232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=209232"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/209232\/revisions"}],"predecessor-version":[{"id":209235,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/209232\/revisions\/209235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/209233"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=209232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=209232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=209232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}