Renowned author and investor Robert Kiyosaki has voiced alarm about the US economic outlook, citing Moody’s recent downgrade of US debt as a potential harbinger for a recession. He warns that rising interest rates may trigger increased unemployment, potentially impacting various asset classes like bonds, real estate, and banking. Kiyosaki’s warnings echo historical parallels to the tumultuous period of the 1929 Great Depression. He advises individuals seeking security during economic downturns to explore entrepreneurial ventures and invest in income-generating assets such as real estate. Notably, he recommends diversifying with assets like gold, silver, and Bitcoin, suggesting these could offer opportunities for business expansion and acquisition at potentially advantageous prices during such times.