Robert Kiyosaki, author of Rich Dad Poor Dad, warns that the ongoing global stock market collapse marks the realization of his 2002 predictions. He claims we are in a recession, possibly heading toward a depression. Kiyosaki advocates moving away from traditional investments, emphasizing gold, silver, and Bitcoin. He also predicts silver could double in value by 2025.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,