Major Economic Crash landing ahead - Warns Robert Kiyosaki

The author of "Rich Dad, Poor Dad," Robert Kiyosaki, has urged his followers to take precautions against the perils of a faltering economy.

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Kiyosaki recommends buying silver, gold, and Bitcoin (BTC) as a hedge against the risks.

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Kiyosaki's reaction was triggered by the news that the Fed would provide additional funding to help regional U.S. banks meet depositors' needs.

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More "false money" (U.S. dollars), according to Kiyosaki, will enter the already prerecessionary or recessionary economy.

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Kiyosaki advises taking care of oneself, as the landing after the crash is ahead.

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