Robert Kiyosaki: “The U.S. Will Experience a Crisis Similar to 1929!”, Moody’s Downgrade is the Start of Doom?

Jakarta, Pintu News – Global financial markets were rocked once again after rating agency Moody’s officially downgraded the United States’ credit rating from Aaa to Aa1. The downgrade was triggered by concerns over the US national debt, which now stands at Rp591,660 trillion ($36 trillion), and the growing interest burden.

In the midst of this chaos, veteran author and investor Robert Kiyosaki issued a stark warning that America is heading for a major crisis that could rival the Great Depression of 1929.

Check out the full news here!

Moody’s Downgrade Shocks Wall Street

Moody’s downgrade of the US credit rating immediately triggered a massive stock market sell-off on May 19, 2025. The Nasdaq-100 index slumped 1.6%, the S&P 500 fell 1.2%, and Dow Futures fell 0.8%.

The situation was further exacerbated by the spike in US 30-year bond yields that breached the 5% mark-the highest figure in recent years-signaling investors’ panic in lending money to the government.

The downgrade comes just days after Wall Street scored one of its best weeks ever, thanks to easing US-China tensions. However, that euphoria has now evaporated.

Investors are again faced with the harsh reality that the US fiscal condition is no longer as strong as it once was. Concerns about inflation, high interest rates, and default risk are looming over the global economic outlook.

Read also: US Senator’s Prediction: Stablecoins Will Dominate US Treasury Bonds by 2030

Robert Kiyosaki: “America Is Like an Irresponsible Father”

In response to this condition, Robert Kiyosaki-the author of the famous financial book Rich Dad Poor Dad-characterized theUnited States as an “irresponsible father,” continuing to go into debt without a strategy to pay for it.

He emphasized that the impact of the downgrade would be wide-ranging, including rising interest rates, rising unemployment, potential bankruptcies, and even a systemic crisis.

In his book Rich Dad’s Prophecy (2013), Kiyosaki already predicted this kind of scenario and long ago advised people to break away from dependence on job security and retirement savings. He encouraged people to go the entrepreneurial route, buying real assets like property, gold, silver, and of course, cryptos like Bitcoin (BTC).

For him, a recession or depression can actually be an opportunity for those who are ready to take risks and think like a true investor.

Read also: COLLAT Price Jumps 240% in Just 2 Days, What’s the Main Trigger?

Different Reactions: Politics vs. Economic Reality?

On the other hand, market analyst Peter Schiff downplayed the downgrade, calling it only symbolic and having no significant impact.

He argues that the market has long known that the US is unable to repay its debts, and this downgrade is just a political move. Schiff emphasized that the worst-case scenario is not a default, but a runaway to massive inflation.

However, market participants are keeping a close eye on how Fed officials will respond to this situation in their official statement this week. Decisions on the direction of interest rates and monetary policy could be heavily influenced by market perceptions of US fiscal credibility.

For Kiyosaki, however, the main message is clear: those who prepare themselves early with hedge assets, such as crypto and property, can turn a crisis into a golden opportunity.

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Reference:

• Coinpedia. Robert Kiyosaki Warns of 1929-Like Market Crash as Moody’s Downgrades U.S. Credit. Accessed May 21, 2025
• Featured Image: Bitcoin News