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The global economy is teetering on the brink of collapse, according to Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad. He’s issuing a stark warning to investors: a historic market crash is imminent. Kiyosaki’s advice? Seize tangible assets, particularly cryptocurrencies like Bitcoin, as a hedge against the coming storm.
Robert Kiyosaki, the name behind the global phenomenon Rich Dad Poor Dad (co-authored with Sharon Lechter), is no stranger to bold predictions. His 2013 book, Rich Dad’s Prophecy, foretold a market crash of epic proportions, a prophecy he now claims has come to pass. Taking to social media platform X on Tuesday, Kiyosaki reminded followers of his earlier warnings, stating, “I warned y’all.” With Rich Dad Poor Dad having resonated with millions across the globe, selling over 32 million copies and remaining a New York Times bestseller for over six years, Kiyosaki’s pronouncements carry significant weight. His strategy for navigating this predicted collapse? A heavy investment in Bitcoin.
Robert Kiyosaki connected the present economic downturn to decisions made during the 2008 financial crisis. He explained that he knew the “giant crash” was coming because, back then, leaders, specifically Fed Chairman Ben Bernanke, allegedly paid themselves and other bankers billions in bonuses while countless families lost their homes, jobs, and savings. He then extended his forecast to 2025, suggesting that economic difficulties would broaden across various sectors. He stated that in 2025, the car market, housing market, restaurants, retailers, and even wine sales would crash, and that to make matters worse, the world would be on the verge of war. Finally, he cautioned his followers to be smart and to keep their eyes and ears open during such turbulent times.
Source: create.vista.com
Despite the pessimistic forecast, Robert Kiyosaki highlighted potential financial opportunities within the downturn. He advised that many expensive assets, such as houses, gold, silver, and Bitcoin, would go on sale, and that he would be buying more real assets with what he termed “fake U.S. dollars.” He encouraged people to be cool and smart while millions panic. Addressing Bitcoin’s recent decline, he characterized it as a favorable moment for investment, stating that Bitcoin crashing was great news and that he would continue buying Bitcoin because it meant Bitcoin was on sale. He reminded investors to remember the adage “Buy low…and HODL,” emphasizing Bitcoin’s limited supply and suggesting that economic downturns can create profitable opportunities for those prepared to act.
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