Economic collapse is here, warns Rich Dad Poor Dad author Robert Kiyosaki, urging investors to seize assets like bitcoin as markets crash.
Robert Kiyosaki Declares Crash is Upon Us—Bitcoin is His Weapon of Choice
Robert Kiyosaki, author of Rich Dad Poor Dad, has reiterated his predictions of an economic collapse, referencing insights from his 2013 book Rich Dad’s Prophecy. Rich Dad Poor Dad, co-authored with Sharon Lechter in 1997, has sold over 32 million copies in more than 51 languages across 109 countries and remained on the New York Times Best Seller List for over six years.
Kiyosaki stated on social media platform X Tuesday: “I warned y’all. 2013 Published Rich Dad’s Prophecy. Prophecy predicted the biggest stock market crash in history was coming.” He stressed:
That CRASH is NOW.
He linked the current downturn to economic decisions made during the 2008 financial crisis, explaining: “How did I know this giant crash was coming? I knew because in 2008 our leaders, led by Fed Chairman Ben Bernanke, paid himself and bankers billions in bonuses while millions of moms and pops lost their homes, jobs, savings.”
The famous author extended his forecast to 2025, signaling that economic troubles are broadening across sectors. He remarked:
In 2025 the car market, housing market, restaurants, retailers and even wine sales are crashing. Making everything worse, world is on the verge of war.
Emphasizing the importance of vigilance during such periods, he cautioned followers, “Please be smart, keep your eyes and ears open.”
Despite the bleak outlook, Kiyosaki underscored potential financial opportunities amid the downturn. He advised:
Many expensive assets such as houses, gold, silver, and bitcoin will go on sale. I will be buying more real assets with fake U.S. dollars. Time to be cool and be smart, while millions are panicking.
Kiyosaki also addressed bitcoin’s recent decline, characterizing it as a favorable moment for investment. “Bitcoin crashing. Great news. I continue buying bitcoin because bitcoin crashing means bitcoin is on sale,” he stated. Encouraging long-term strategies, he reminded investors to “Remember ‘Buy low….and HODL.’” Kiyosaki emphasized the limited supply of Bitcoin, suggesting that economic downturns can create profitable opportunities for those ready to act.
