Search Results for: previously warned

Harvard Economics Professor: US Default Could Spark Global Financial Crisis

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Harvard economics professor Kenneth Rogoff, who previously served as the chief economist at the International Monetary Fund (IMF), has warned that the U.S. defaulting on its debt obligations could spark a global financial crisis. β€œIt’s a very perilous situation and we…

Michael Burry Compares Current Banking Turmoil to Panic of 1907 β€” Highlights Markets Bottoming

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Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved…

Extreme Market Turbulence: Critics Call Warren’s Silvergate Take β€˜Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More β€” Week in Review

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It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.” Additionally, U.S. Regulators…

Robert Kiyosaki Says World Economy on the Verge of Collapse β€” Warns of Bank Runs, Frozen Savings, Bail-Ins

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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the world economy is on the verge of collapse. He warned investors about the risks of bank runs, frozen savings, and bail-ins that may come next. Robert…

Rich Dad Poor Dad’s Robert Kiyosaki Warns β€˜Everything Will Crash’ β€” Plans to Buy More Bitcoin

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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that “everything will crash,” including gold, silver, and bitcoin. However, he sees crashes as buying opportunities, noting that he will buy more bitcoin. Robert Kiyosaki Reiterates…

Robert Kiyosaki Says He Likes Bitcoin β€” Calls BTC β€˜People’s Money’

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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he likes bitcoin, calling the cryptocurrency “people’s money.” While admitting that he does not know much about bitcoin, he said: “I’m just glad I bought it at…

Robert Kiyosaki Buying More Bitcoin β€” Warns SEC Regulations Will Crush Most Cryptocurrencies

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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin. He warned that the Securities and Exchange Commission (SEC) regulations will “crush” most other cryptocurrencies. Robert Kiyosaki Buys More Bitcoin,…

Robert Kiyosaki Expects Bitcoin Investors to Get Richer When Fed Pivots, Prints Trillions of Dollars

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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that bitcoin investors will get richer when the Federal Reserve, the Treasury, and Wall Street pivot and trillions of dollars are printed. Robert Kiyosaki Predicts Bitcoin Investors…

Alameda-Funded Ren Tells Users to β€˜Bridge Back to Native Chains’ as It Sunsets 1.0 Platform

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According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. On Dec….

JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks β€” Calls for More Regulation

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JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should maybe focus a little more on crypto.” JPMorgan Chase’s Jamie Dimon…