Robert Kiyosaki says the 'everything bubble' is about to pop in the 'worst crash in history.' Protect yourself now
Robert Kiyosaki says the 'everything bubble' is about to pop in the 'worst crash in history.' Protect yourself now.
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After a year of sharp swings and surprise rebounds, some investors are taking a closer look at their portfolios and wondering whether betting on America is still a good idea.
They're not alone. Robert Kiyosaki, the Rich Dad Poor Dad author and longtime personal finance commentator known for his bold economic claims, cautioned in a December post on X that "the worst crash in history" may be unfolding, and it could start with the stock market (1).
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If the market has felt like a roller coaster recently, you're not imagining it. Headline-grabbing news has sent the S&P 500 and Nasdaq tumbling more than once. Yet, each time, they've managed to bounce back — often to new highs.
"Crashes do not happen overnight," wrote Kiyosaki in the same post on X, adding that they "take decades to occur."
He recently doubled down on his gloomy predictions in a different X post, writing, "I WARNED EVERYONE (2)."
"In 2002 I released Rich Dad's Prophecy. In 2026 the predictions in Prophecy are coming true."
Kiyosaki predicted an "Everything Bubble" will burst and lead to "the greatest depression in world history."
Kiyosaki claims today's volatility has been building for more than a century, pointing to the global "economy of debt" and the U.S. as a "debtor nation" as factors that could intensify the effect of a market collapse.
"This crash the world is going through now, possibly the worst crash in history, was started back in 1913, 112 years ago, when the Marxist US Federal Reserve Bank….took over America's monetary system," Kiyosaki wrote in December.
Here's what his prediction means for you and your pocketbook, if and when it comes to pass.
Kiyosaki points to one main culprit behind today's economic stress: America's ballooning debt.
"The bigger problem is the national debt of the USA," Kiyosaki stated in a Feb. 5 post on X (3).
The total U.S. national debt is currently close to $39.5 trillion (4) — a level many experts consider unsustainable.
Moreover, the Iran war has added considerably to the national debt. According to one federal budget expert, the up-front cost of the war is about $200 billion, and the total cost will exceed $1 trillion (5).
