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Robert Kiyosaki, author of Rich Dad Poor Dad, has once again voiced concerns about an impending financial crisis in the U.S. economy. Speaking to his 2.7 million followers on X, he suggested that the recent market selloff might signal the bursting of the “everything bubble.”
“The everything bubble is bursting. I am afraid this crash may be the biggest in history. Germany, Japan, and America have been the engines up to now. Unfortunately, our incompetent leaders led us into a trap, giant crash. I wrote about this crash in my book Rich Dad’s Prophecy. This crash is going to be bigger than the 1929 crash, a crash that led to the Great Depression.”
Despite his warning, Kiyosaki advised against panic, urging investors to remain calm and prepared. He shared that in 2008, he waited for market panic to subside before acquiring valuable assets at discounted prices.
Kiyosaki believes economic downturns offer financial opportunities for those who make strategic investments. He remains committed to accumulating Bitcoin, gold, silver, and real estate, viewing them as resilient stores of value.
“Simply said, this crash the world is going through just might be the opportunity of your lifetime. Be stoic and be cool no matter how turbulent things get. I will continue to acquire real estate, gold, silver, and Bitcoin crash – on sale.”
Additionally, Kiyosaki predicts that during Donald Trump’s presidency, the U.S. government will adopt Bitcoin to stabilize its financial situation, potentially driving up its value.
“People who sold Bitcoin in the last crash are losers. Don’t they know who the President of the United States is? President Trump, the right president at the right time, understands the power of Bitcoin. When he begins buying Bitcoin to help solve America’s financial insanity, those who bought Bitcoin in the last crash will be the winners and those who sold will be the biggest losers. I bought more Bitcoin. Did you?”
At the time of writing, Bitcoin stands at $83,136.