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My Crypto Lawyer Sec News R. Kiyosaki sounds alarm on California going broke because it ‘went woke’


Amid his continuous warnings of an upcoming economic downfall, renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ Robert Kiyosaki has often blamed the current political establishment in the United States for contributing to the crisis.

Specifically, Kiyosaki has now focused his attention on the state of California, which he believes is going broke after it “went woke,” citing the example of Elon Musk “moving two more of his companies,” including SpaceX, out of “woke California” and into Texas, according to his X post shared on July 17.

Furthermore, Kiyosaki went on to advise “California liberals” to “better wake up soon (…) before you go broke” and that the “only people who love the woke agenda are losers, leftists nerds, pervs, academics, and weirdos,” possibly referring to the recent developments in the state’s legislative arena.

California going woke

As a reminder, California has become the first US state to bar school districts from requiring teachers and other staff to inform parents of their child’s gender identification change without the child’s permission, under a law signed by Governor Gavin Newsom, his spokesperson arguing that it “helps keep children safe while protecting the critical role of parents.”

However, many disagree with such an approach. In response to these developments, Tesla (NASDAQ: TSLA) CEO Elon Musk decided to move his aerospace company SpaceX and social media company X out of California, commenting on Newsom signing the bill as “the final straw” and explaining in an X post on July 16 that:

“Because of this law and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas.”

Shortly after, Musk also said that the social platform X will move its headquarters from San Francisco to Austin, Texas, adding that he has “had enough of dodging gangs of violent drug addicts just to get in and out of the building,” alluding to Newsom’s failed attempts to address the problem.

Featured image via Ben Shapiro’s YouTube.



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