Robert Kiyosaki Warns Global Economic Collapse Is Already Underway
Robert Kiyosaki, author of the bestselling book "Rich Dad Poor Dad," has declared that the global economic crisis he has long warned about is now happening. In a recent statement, Kiyosaki emphasized that "tomorrow is already here, now is the day," highlighting his concerns about a severe financial downturn and potential global recession. He cautioned that any asset relying on trust in the financial system could suffer significant damage in the event of a collapse.
Kiyosaki referenced his book "The Entropy Trap," where he argues that all trust-dependent assets will be destroyed in the upcoming crash and possible economic slump. Examples he cited include U.S. government bonds, certain stocks, ETFs, mutual funds, retirement savings plans like 401(k)s and IRAs, as well as fiat currencies such as the U.S. dollar, euro, Japanese yen, and peso. Contrasting these, he reiterated his preference for tangible assets that do not depend on financial system trust, specifically gold, silver, and oil, which he has invested in since 1965 and continues to recommend.
One of Kiyosaki's striking remarks was that "those who are rich today will be poor tomorrow," warning that reliance on traditional financial assets could lead to losses if the predicted collapse materializes. He concluded his message by urging his followers to "be among the rich" and to take care of themselves.
Kiyosaki's pessimistic outlook on the global economy is not new; over recent years, he has repeatedly warned of bubbles in capital markets, the erosion of fiat currency values, and rising government debts. He has also advocated increasing exposure to gold, silver, and sometimes Bitcoin as protective measures during uncertain times. While he has a broad base of supporters, critics argue that his warnings have been consistent for years despite prolonged market gains. Nonetheless, each new statement from Kiyosaki sparks widespread discussion on social media about the future of the economy and how best to preserve wealth amid uncertainty.
