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Robert Kiyosaki, a financial educator who became popular with his book Rich Dad Poor Dad, has once again warned of the awful state of the world economy. His work has been translated into more than 51 languages, sold around 32 million copies, and stayed more than six years on the New York Times bestseller list.
He predicted that the 'Great Depression' would be identified by widespread joblessness and financial complexes. According to Kiyosaki, people who have taken his warning might be better able to handle the crisis. Over the years, he has continuously warned investing in silver, Bitcoin, and gold.
Kiyosaki Warning Highlights
On February 13, Kiyosaki alerted against seeking a "soft landing" and advised people to support themselves for a substantial economic downturn in a post on the social media site X. "Layoffs to accelerate," he claimed. Trump is going to put 65,000 workers.
Because of the declining economy, oil organizations will even lay thousands of workers. Automobile manufacturers like Nissan and Volkswagen are putting off thousands of workers. The well-recognized writer went on to create an even more concerning project:
"The landing will not be friendly. Give up hoping. Be ready for war, a clinical depression, and a financial crash."
Kiyosaki alerted against government guarantees and highlighted the worth of preparation over naive confidence: "It is better to "prepare" rather than "pretend" all your life to trust in the tooth fairy." He claimed:
"The greatest defence against the crash is to avoid government representatives who ensure a "soft landing." It's time to go back to reality."
The well-recognized author has long projected economic downturns; however, some of his statements have proved wrong. He maintained his prediction of a vital stock market meltdown in January 2025, identifying February 2025 as a pivotal date.
His most current confession serves as a reminder of the difficulties in the global economy, even though his prior warnings have not always come to pass. Although it's unclear if his negative predictions will appear, his appeal for preparation has struck an association with many people becoming increasingly conscious about unstable economies.
Robert Kiyosaki’s Investment Strategy Advice
Significant advice for investing in assets that hold their worth throughout a market collapse has been offered by the Rich Dad Poor Dad author. Among his principal recommendations are:
- Gold and Bitcoin Investments: According to Kiyosaki, silver, gold, and Bitcoin are excellent investments to protect against inflation and economic downturns. He has highlighted time and again how they support protected wealth when real currencies depreciate.
- Real Estate Investments: He advises buying homes at a discount even though real estate worth may drop. He alerts against spending money in office buildings and small retail developments, though, as they may have difficulty recovering.
- Business ventures and self-sufficiency: Robert Kiyosaki warns people to build companies that prosper in recessions. He identifies agriculture as a strong economic model, finding examples like cultivating vegetables or chickens.
