Robert Kiyosaki, author of “Rich Dad, Poor Dad”, issued another dire warning about the global economy. He believes a major crash will occur soon. He also said that millions of people could become even poorer if they do not prepare for what lies ahead. His message gained attention as many people are already worried about the global economy.
Why Kiyosaki thinks a crash is near
Kiyosaki says the global economy is under great pressure. Many countries have record high debt levels. Inflation is still hitting families hard and the cost of living continues to rise. For this reason, he believes that the current financial system is fragile.
He also said the central bank cannot keep raising interest rates without causing further damage. Higher interest rates make it harder for people to borrow money and harder for businesses to grow. He says this stress will eventually send the world into a tailspin.
Millions of people could become even poorer
Kiyosaki worries that the people most affected by the crash are ordinary people. He said many workers were already struggling to keep up with rising prices. If a crash were to occur, he believes millions of people could lose their jobs, savings and even their homes.
He warned that the middle class is shrinking. Many families find it difficult to meet their basic needs. He believes the problem will get worse if the economy takes a sharp turn.
His advice: Prepare early.
Kiyosaki’s warning sounds scary, but he tells people not to panic. Instead, he encourages them to be prepared. He often says that learning about money is the best way to stay safe.
He also recommends owning assets that can maintain their value during difficult times. These include gold, silver, and Bitcoin. He believes these assets have the potential to protect people when markets decline. According to him, those who prepare early are more likely to emerge stronger during a crisis.
Messages that investors are paying attention to
Investors around the world are paying attention to Mr. Kiyosaki because he has predicted previous crises. Although not everyone agrees with his opinion, many think his opinion is worth considering. The global economy is already under strain, with people worried about inflation, debt and low growth. Because of this, his warnings feel more serious than usual.
Why is Kiyosaki’s warning important now?
Robert Kiyosaki’s latest message highlights growing concerns about the global economy. He may not be right about when a crash will occur, but the risks he mentions are real. For many, this is a reminder to be careful, manage your money wisely, and prepare for uncertain times.