The Rich Dad Poor Dad author said another downturn could wipe out many households while benefiting prepared investors, and reiterated his preference for gold, silver, bitcoin and ethereum.
Robert Kiyosaki escalated his warnings about the financial system, saying the “global economy is crashing” and arguing that surging U.S. debt, pressure on government bonds, China’s rise and AI-driven layoffs are making conditions increasingly dangerous for households and investors. In posts dated July 19, July 22 and July 25, the Rich Dad Poor Dad author said another major downturn could leave many people financially wiped out while creating gains for a smaller group that is prepared. He said U.S. federal debt stood at roughly $9.5 trillion before the 2008 global financial crisis and is now nearly $39 trillion, with about $1 trillion being added every 90 days. Kiyosaki also said he has built a long-term allocation to silver since 1965, gold since 1971, bitcoin since 2012 and ethereum since 2022, presenting those assets as a hedge against inflation, dollar weakness and broader monetary instability.