Financial experts warn of potential instability in Japanese banking sector.
TL;DR
Finance expert Robert Kiyosaki has warned that the Bank of Japan is the "biggest bank that's going to go down" due to its heavy connection to the derivatives market, which is financed by the bank and worth a quadrillion dollars. Kiyosaki also criticised the Federal Reserve's aggressive rate hike strategy and money-printing habits. He warned that a bank collapse could give China another avenue for asserting global dominance and urged investors to be on guard. Kiyosaki recommended investing in gold and silver instead of paper currency.
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