In a recent talk that has sent shockwaves through the financial world, Robert Kiyosaki, best known as the author of the influential book "Rich Dad Poor Dad," has sounded the alarm about an impending financial catastrophe. In his own unique and candid style, Kiyosaki warned investors about a "giant crash coming" and urged them not to panic. But instead of doomsday prophecies, he presented a different perspective – one that is both intriguing and thought-provoking.
Kiyosaki's primary message is simple: "Crashes are the best times to get rich." In a time when market volatility and economic uncertainties have left many investors jittery, his words carry a distinctive weight. He encourages his readers not to dread the impending drop but to see it as an opportunity, as "good news." Kiyosaki's rationale is grounded in the idea that after such market crashes, the Federal Reserve will be compelled to print billions of dollars to bolster the markets, a move that will inevitably swell the nation's debt and erode the value of the dollar.
Kiyosaki's warnings have become more frequent in 2023, with him highlighting the gravity of the situation by comparing a "great depression" to an even more ominous scenario, a "global recession." In his assessment, the world is currently experiencing the latter, characterized by an array of distressing consequences, including bankruptcies, soaring unemployment rates, and a rise in homelessness. Furthermore, he suggests that retirements are under threat in this recession.
But amidst this dire outlook, Kiyosaki seeks to illuminate a silver lining, emphasizing that this crisis offers opportunities. He points to the increasing prices of assets like gold, silver, and Bitcoin as indicators of deteriorating financial conditions in the United States. These assets are, in his view, a haven for the "poor and middle class," who are being pushed deeper into debt. His message is straightforward: "Don't get poorer," and he urges his followers to make a modest investment by purchasing a single silver coin, emphasizing that it costs only $30. For Kiyosaki, this is the first step toward getting richer in turbulent times.



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