Robert Kiyosaki Doubles Down on Warning of ‘Biggest Market Crash in History’

Robert Kiyosaki, entrepreneur, investor and author of the bestselling personal finance book "Rich Dad, Poor Dad", has issued a stark warning of an impending economic downturn.

Recently, Kiyosaki announced what he believes will be “the biggest market crash in world history,” emphasizing his preparedness for this event. According to an August 14 post of his, the crash and potential depression could make the prepared, including himself, “very, very rich.”

In his post, Kiyosaki criticized the current U.S. leadership, calling Vice President Kamala Harris, Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell “the 3 dogs that run America.” He compared Yellen and Powell to popular TV characters and suggested that “collapse can be a good thing” for those who are ready for it.

Kiyosaki also shared his views on protecting wealth from what he described as the “criminal” policies of U.S. financial institutions. He pointed to gold, silver and cryptocurrencies such as Bitcoin (BTC) and Etherium (ETH) as key assets to protect.

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He called investors in these assets “rebels,” arguing that Bitcoin and Etherium, because they are open source, cannot be manipulated by the Federal Reserve, Treasury or politicians.

SOFT LANDING or CRASH LANDING. I hope I am wrong….yet I am prepared for the biggest market crash in world history.

Q: WHY am I preparing for a crash
Landing?

A : BECAUSE if I am right…a crash and possible Depression will make myself and those that are prepared very,…

— Robert Kiyosaki (@theRealKiyosaki) August 14, 2024

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.