Kiyosaki and the "prophecy" about Credit Suisse (after the one about the collapse of Lehman Brothers) - Corriere.it
"The next bank to collapse will be Credit Suisse."
Robert Kiyosaki repeats itself. The author of the best seller "Rich Dad, Poor Dad"who had predicted the collapse of Lehman Brothers in 2008seems to have succeeded in confirming the role of oracle of financial bad luck.
Interviewed by the American TV station Fox News on Monday, a few days after the bankruptcy of Svb Bank, Kiyosaki it argued that Credit Suisse would be the next to go down: «That's my prediction, because the bond market is going down».
Indeed, Credit Suisse sank, taking all the European stock exchanges with it, after revealing "material weaknesses" in its annual report and a $8 billion loss for 2022 — an announcement that arrived late due to the revision of the accounting books. Weaknesses due to the "failure to design an effective risk assessment to identify and analyze the risk of material misstatements," claims the Zurich-based bank.
According to Kiyosaki a disastrous situation will not be repeated for the global economy like that of 2008but his new prediction is that the failure of these banks will cause a severe credit crunch that will make it very complicatedfor companies and people, have money on loan.
“Buy more gold, silver and bitcoin. Collapse in sight», the finance guru had tweeted on Monday, a day before the negative revelations of Credit Suisse.