Staff Reports
The betting man’s guide to California is straightforward: if you’ve got a property or investment in the Golden State, it’s time to cash in your chips before the house comes crashing down. A recent prophecy from financial guru Robert Kiyosaki, famous for predicting the catastrophic collapse of Lehman Brothers back in 2008, suggests California is spiraling toward financial ruin. Kiyosaki translates his compelling platform “X” (formerly Twitter) predictions into what any resident should take to heart: the state’s monetary woes will trickle down to the rest of the country.
Kiyosaki paints a bleak picture, saying California is not just any state; it serves as the canary in the coal mine for the entire nation. He forecasts a future filled with tax increases and slashed subsidies, which inevitably leads to more crime as police budgets shrink. It’s an alarming scenario built on the precarious financial foundation already seen throughout the state, adding urgency to the question: when will Californians get out while the getting is good?
Western Journal: Expert Who Called Fall of Lehman Brothers in 2008 Collapse Makes Shocking Prediction on California https://t.co/e1QMZY564T
— Ian’s Newsfeed 🇺🇸🇺🇸 (@IanHNewsFeed) August 7, 2024
The warning signs have been visible since 2018, when then-Governor Jerry Brown hinted at the dire measures the state may need to take, including the ability to cut pensions for state workers. Since those ominous days, California has embraced an anti-capitalist agenda, implementing hefty minimum wage hikes that have sent a slew of businesses packing. A McDonald’s that graced San Francisco for over three decades has closed its doors, another victim of sky-high labor costs. A California Arby’s that once served Hollywood locals met a similar demise, as increasing regulations continue to squeeze the life out of local enterprises.
Alongside these economic calamities, a disturbing rise in crime rates is rapidly undermining public safety. Cities across California have become synonymous with high rates of both violent and property crimes, while police forces, hamstrung by funding shortages and mounting pressures, find themselves ill-equipped to handle the chaos. Ironically, journalists, who once thrived on reporting crime stories, have fallen prey to the very crises they cover. It’s a tragic turn of events for a state struggling to maintain any semblance of lawfulness.
Kiyosaki does not mince words regarding the outlook for California, stating starkly that the situation will not improve anytime soon. He predicts that the repercussions currently affecting California are bound to spread to other states, raising the specter of a national economic downturn. With the Golden State leading the charge toward fiscal irresponsibility, will other states follow suit? It’s a question that could keep many up at night, especially if they’re considering relocating out of a state that seems hell-bent on its own self-destruction.
