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- U.S. President Donald Trump’s tariffs have sparked fears of a global financial crisis, setting the perfect stage for a Bitcoin rally, says Max Keiser.
- Financial educator Robert Kiyosaki views the current market downturn as a rare chance for wealth creation.
Max Keiser, a proponent of Bitcoin (BTC), has reaffirmed his optimism about its future by saying that intensifying global trade wars will make it the perfect storm for BTC. Following the tariff war started by U.S. President Donald Trump, Keiser said the severe economic turmoil could send Bitcoin skyrocketing to a record $2.2 million.
Trump Tariffs Spark Fears Of Financial Chaos
The world economy is being confronted with fresh uncertainty following the introduction by Trump of far-reaching tariffs on imports from China and Mexico. The measure, aimed at saving American industries, has already sparked sharp market reactions and retaliatory moves from the countries affected by the move. Canada, Mexico, and China responded with counter-tariffs.
Canada is expected to slap a 25% duty on $30 billion in U.S. goods starting February 4. Economic analysts warn that this might lead to heightened inflation and rising costs for consumers. Business leaders around the world cautioned that a worse financial storm might be looming ahead. As previously mentioned in our report, it has also sent Bitcoin and altcoins into a freefall.
The threat of it seemed to only spur Trump into defending his choice further, with a promise that in the long term, this economic “pain” will pay off. As an aside, Trump has talked with Canadian Prime Minister Justin Trudeau over possible exceptions. No promises, though.
Max Keiser: “Perfect Conditions for Bitcoin”
Amid this rapidly rising crisis, Keiser doubled down on his conviction that Bitcoin would become the ultimate safe haven. “Global tariff war = global currency crisis and economic chaos,” Keiser posted on social media. “As if those conditions weren’t perfect enough,” he added.
His price target of $2.2 million is a pretty bold statement reflecting his long-standing view that economic instability and the devaluation of traditional fiat currencies will push investors into Bitcoin. Historically, Keiser has been an evangelist for Bitcoin as a hedge against inflation and government intervention. He sees current turmoil as the latest impetus for adoption.
Robert Kiyosaki: “Best Time to Get Rich”
Following Keiser, financial educator Robert Kiyosaki has painted a bleak picture of the global financial situation today. “Brutal Crash Here Now,” he declared, warning that markets-including stocks, bonds, real estate, and even gold and Bitcoin are all facing downward pressure. But instead of perceiving this as a crisis, Kiyosaki believes it presents a rare opportunity.
“The best assets in the world are going on sale,” he noted, urging investors to remain composed and take advantage of the downturn. “Millions will lose their jobs… This is the best time to get rich.”
As often as Kiyosaki writes about the potential of excessive debt to cause widespread ruin, so is he in tune with current conditions. Today’s crash marks a direct impact of mounting imbalances in our economy. The following is one of his older posts: “TRUMP TARIFFS BEGIN: Gold, silver, Bitcoin may crash. GOOD. Will buy more after prices crash. Real problem is DEBT… which will only get worse.” With increased volatility in global markets, Keiser and Kiyosaki both suggest that BTC may serve as a haven for investors who need stability.