Inflation Could 'Wipe Out Social Security,' 'Rich Dad Poor Dad' Author Robert Kiyosaki Warns — Says 'Your Mommy And Daddy May Be On The Street'
Yahoo Finance·2026-05-03 21:16
"America loses $2 trillion a year," Kiyosaki said. "We collect, let’s say, $5 trillion in taxes, but we spend $7 trillion in expenses. We spend more on debt than we do on weapons."Kiyosaki warned that the growing debt problem of the U.S. could lead to a crisis similar to Zimbabwe, where excessive money printing led to a collapse in the value of its currency. The U.S government spending is continuing to run ahead of tax revenue, including rising costs tied to debt servicing and ongoing global conflicts, Kiyo ...