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The U.S. used to be a capitalist country, but is now becoming a Marxist society, said Robert Kiyosaki, best-selling author of “Rich Dad Poor Dad.”
Kiyosaki was a veteran of the Vietnam War who had seven uncles fighting in World War 2. “I fought for capitalism,” he said. “America is going Marxist.”
The evolution of socialism in the U.S. started with the anti-war protests following the Vietnam War, Kiyosaki said.
“When I came back [from Vietnam] the hippies were outside just like the protesters are today in Chicago. I got hit with rotten eggs, I got hit with stink bombs, I got spit on and all this, and those were the hippies. Some of them were my classmates: SDS (Students for a Democratic Society), Black Panthers, all of those guys. And what happened to the baby boom SDS members? They became school teachers. A lot of my peers are now teaching in the highest levels of academia,” he said.
Importantly, Americans are starting to lose their basic liberties due to "mob" politics, Kiyosaki said.
"The freedom of speech is gone. Freedom of speech, freedom of assembly, and also the freedom of religion," he said.
Kiyosaki has prepared for a time when he would have to leave the U.S., he said, by holding safe haven assets like gold and silver.
“Way back when I started storing gold in Switzerland and in Singapore, so in case I had to run, plus I had different passports. Gold and silver are flight capital, and as you know, the only people making money today in America are moving vans,” he said.
He added that bitcoin also qualifies as a safety asset because it’s “international currency; it operates outside the Fed and the Treasury.”
By David Lin
For Kitco News
