Another doom-and-gloom prediction from Rich Dad Poor Dad author Robert Kiyosaki has emerged, and this time he’s not pulling any punches. The financial guru is warning of what he calls the “biggest crash in history” set to hit in 2025, making the Great Depression look like a warm-up act.
Kiyosaki’s latest forecast paints a particularly grim picture of the U.S. economy, comparing upcoming mass layoffs to a “Texas Chain Saw Massacre” in the job market. With approximately 60,000 jobs cut already reported since Trump’s re-election, he’s predicting millions of Americans will find themselves unemployed, with baby boomers taking the hardest hit. Because nothing says “happy retirement” quite like economic catastrophe.
Kiyosaki warns of impending job market bloodbath, with baby boomers facing retirement amid unprecedented economic carnage.
The outspoken author isn’t just targeting the job market. He’s calling for a triple threat: plunging housing values, a stock market meltdown that’ll make 1929 look tame, and what he describes as the death of the U.S. monetary system. According to Kiyosaki, we’re witnessing the bursting of the “everything bubble,” and it’s not going to be pretty. Many investors are turning to Bitcoin as a hedge against inflation during these uncertain economic times.
His critique of the current economic situation points fingers at multiple culprits: inflation, real estate overheating, and what he calls a “corrupt” monetary system. He’s particularly harsh on government policies, which he claims are repeating the same mistakes that led to previous financial disasters in Germany, Japan, and the United States. His track record lends credibility to these warnings, as he notably anticipated the 2008 crisis years before it occurred.
While traditional investors are clinging to Wall Street, Kiyosaki’s suggesting a different approach. He’s beating the drum for gold, silver, and Bitcoin as safer havens during the coming storm. The market’s current fragility, he argues, stems from speculative investments and rampant inflation that’s about to come home to roost.
The housing market isn’t spared in his predictions either. Rising interest rates and inflation are set to trigger a cascade of foreclosures and bankruptcies, according to Kiyosaki. It’s a perfect storm of overleveraged properties and cheap credit dependency coming to an explosive end.
