Kiyosaki Sounds Alarm on Largest Stock Crash in History

Robert Kiyosaki, author of Rich Dad Poor Dad, has warned that the largest stock and bond market crash in history has begun. He tied this warning to predictions made in his 2002 book, claiming the collapse is spreading from Europe and Japan worldwide.

Kiyosaki points to speculative excess around artificial intelligence, ongoing tension involving Iran, record global debt levels, and the mass retirement of Baby Boomers as contributing factors. He specifically warned holders of retirement accounts, including 401(k)s and IRAs, that those over 40 face particular risk.

Drawing a parallel to the Great Depression, which spanned roughly 25 years from 1929 to 1954, Kiyosaki argued that prepared investors can turn a crisis into a lasting opportunity. His preparation strategy centers on rejecting cash savings entirely and instead favoring income-producing real estate, oil wells, and hard assets like gold, silver, and Bitcoin.