Robert Kiyosaki Issues Dire Alert: Impending World Economic Crash with No Gentle Landing Predicted
Robert Kiyosaki, renowned author of the bestselling book “Rich Dad Poor Dad,” has reiterated his economic concerns, emphasizing the need for preparedness amidst looming financial turbulence.
Originally published in 1997, “Rich Dad Poor Dad,” co-authored by Kiyosaki and Sharon Lechter, has enjoyed enduring success, remaining on the New York Times Best Seller List for over six years and selling more than 32 million copies in over 51 languages across 109 countries.
Taking to social media platform X on Wednesday, Kiyosaki underscored the urgency of the situation, stating, “Bail Out, Bail Out, Bail Out.” Drawing parallels to training in U.S. Navy Flight School, he highlighted the importance of financial preparedness in the face of potential banking failures and a global economic downturn. He emphasized, “Financial losers will lose money because they do not know what to do with their money as banks fail and world economy crashes.”
Continuing his warnings, Kiyosaki stressed the necessity of investing in assets such as gold, silver, and bitcoin as safeguards against the unfolding crisis. He cautioned against the expectation of a gentle landing, stating, “We are not going in for a soft landing.”
Kiyosaki has long advocated for the adoption of alternative currencies, referring to gold and silver as “God’s money” and bitcoin as “people’s money,” contrasting them with what he labels as “fake money,” such as fiat currencies like the U.S. dollar.
Predicting a forthcoming crash in stock and bond markets, Kiyosaki has also voiced concerns about the potential for economic depression and conflict. In December of the previous year, he warned of the looming possibility of a depression.
Throughout, he has championed bitcoin as a protective measure against devaluation and governmental interference, projecting its value to soar to $150K and advising investors to heed the upcoming Bitcoin halving.
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