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Robert Kiyosaki Warns Historic Market Crash Has Begun

Robert Kiyosaki Warns Historic Market Crash Has Begun
“BIGGEST CRASH IN HISTORY has started”: Robert Kiyosaki warns investors as AI, war and debt fuel fears · livemint.com

Robert Kiyosaki says a very large market crash has begun.

He believes stocks and bonds are at risk.

He says the problem started in Europe and Japan and may spread to other places.

He points to AI excitement, war in Iran, large debts and Baby Boomer retirements as possible causes.

He warns that people saving for retirement could lose money.

His warning is a personal opinion, not a proven forecast.

Kiyosaki says he prefers businesses, property, oil wells, gold, silver and Bitcoin instead of cash.

He says being prepared could help people avoid becoming victims of a downturn.

Key facts

Claim
Kiyosaki says a historic stock and bond market crash has started.
Evidence provided
His post did not include specific market data or an economic model.
Potentially affected savings
He mentioned 401(k)s, IRAs, Superannuation and RRSPs.
Higher-risk group identified
Kiyosaki particularly warned people over 40.
Preparation strategy
He cited personal business, income-producing real estate and oil-producing wells.
Preferred savings and investments
He said he favors gold, silver and Bitcoin over cash.
Historical comparison
He compared the expected crisis with the Great Depression, which he said lasted from 1929 to 1954.

Quotes

Robert Kiyosaki

Entrepreneur, investor and author of Rich Dad Poor Dad

“For years I’ve been stating exactly what I have been doing to prepare and that is personal business, income producing real estate, investing in oil producing wells, saving not cash…. But gold, silver, and Bitcoin”
livemint.com
“BIGGEST CRASH IN HISTORY has started. In 2002 I released RICH DADS PROPHECY. This book was written to prepare people to profit and not be victims of the biggest stock and bond market crash in history”
livemint.com

Sources

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