Investment and financial education expert Robert Kiyosaki made striking statements about the recent collapse in the markets.
Kiyosaki, known for the famous finance book “Rich Dad Poor Dad,” stated in his book “Rich Dad’s Prophecy,” published in 2002, that the major stock market crash he predicted years ago has occurred today.
Kiyosaki stated that especially the Baby Boomer generation born between 1946-1964 will be most affected by this collapse, and that this generation no longer has the time to invest for the long term. According to him, this decline in the stock market is not a depression but a recession; however, it still creates serious impacts.
Kiyosaki said, “The paper market is collapsing and millions of fake assets are being wiped out.” In this process, the author calls on investors to move away from traditional financial instruments and emphasized the importance of turning to gold, silver, and Bitcoin, which he described as “real money.” Kiyosaki argues that the U.S. will print trillions of dollars and that this will further decrease the value of the dollar; therefore, he stated that the rise in Bitcoin is based on value rather than price.
Published: April 5, 2025 15:07
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