While the global economy teeters on the edge of collapse, financial author Robert Kiyosaki isn’t mincing words about what lies ahead. The “Rich Dad Poor Dad” author insists we’re already knee-deep in a global recession. Europe’s struggling. China’s faltering. America’s declining. And if you’re waiting for things to improve, Kiyosaki thinks you’re living in a fantasy world.
The world economy is crashing, and Kiyosaki warns we’re already in a global recession while most remain blissfully ignorant.
He’s been sounding the alarm since 2012. Now he believes the crash has officially begun, with a full-blown depression on the horizon. Baby boomers, in particular, should be worried. Their retirement funds? Possibly toast.
But Kiyosaki isn’t just pointing out problems. He’s offering what he sees as a solution: Bitcoin. He calls it “money with integrity” – a stark contrast to the “fake money” governments keep printing. Bitcoin, in his view, is the gold of our digital era. His critics may question his views, but proponents value Bitcoin’s financial freedom from third-party interference and governmental control. His price predictions are bold: $200,000 by 2025 and a staggering $1 million by 2030.
The strategy is simple. Buy Bitcoin during price dips. Add some gold and silver to the mix. And watch your wealth grow while everyone else panics. Market crashes aren’t disasters – they’re opportunities. At least that’s what Kiyosaki preaches.
His criticism of the current monetary system is brutal. A Ponzi scheme, he calls it. The Fed and Treasury? Manipulators. With US debt exceeding $230 trillion, a dollar crash seems inevitable to him. Money printing isn’t fixing anything.
Bitcoin’s volatility doesn’t scare him. Even when it recently dropped to $85,000 from its highs, Kiyosaki saw it as a buying opportunity. This recent 22% price decline from January’s peak of $109,114 has only strengthened his resolve to accumulate more. At $95,323 as of March 30, 2025, he believes it’s still heading much higher.
The global situation looks grim. Inflation rising. Bond markets wobbling. Foreign nations potentially abandoning US debt. But Kiyosaki remains steadfast in his conviction: financial education and hard assets are the path forward in a world where paper money might soon be worthless. Despite his optimistic long-term outlook, he has warned that Bitcoin could temporarily crash to as low as $5,000 before rebounding dramatically.