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Robert Kiyosaki, Rich Dad, Poor Dad, Insists That Depression is Coming

The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready to buy all four types of investments after the crash.

Robert Kiyosaki Predicts A Crash

Robert Kiyosaki (author of Rich Dad Poor Dad) has warned again of an impending crash that would be followed by depression. He predicts that many markets including bitcoin will crash.

Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. The New York Times Best Seller List has had it for six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

Kiyosaki tweeted Thursday, claiming that President Joe Biden and the Federal Reserve are “pushing fake inflation,” adding:

Crash and depression coming. Real estate, gold, silver, and bitcoin will all crash. After the crash, you can buy more gold, silver and bitcoin. It’s time to become richer after the crash of fake inflation.

Last week, the best-selling author made a prediction about the Biden administration. He predicted that Biden would soon be stepping down. “Kamala will be [the] first woman president. This was [the] all along. Trump destroyed Hillary’s ascension after Obama .”

The famous Rich Dad Poor Dad author has warned of a crash many times. In June, he said that the “biggest crash” in the world’s history is coming. In September, he reiterated his warning, expecting a “Giant stock market crash” in October. He then warned about the U.S. sliding into a depression.

Despite his grim predictions, Kiyosaki suggests buying bitcoin. In August, he said bitcoin is the investment with the greatest upside. In October, he said bitcoin has a “very bright” future. Last month, he revealed that he was buying more bitcoin and ether as inflation concerns intensified.

What do you think about Robert Kiyosaki’s advice? Comment below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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