Speaking with Daniela Cambone from Stansberry Research, businessman and author of the personal finance book “Rich Dad, Poor Dad,” Robert Kiyosaki warned that rising inflation is a sign of a major crisis that is only going to get worse and that “the repo market has inverted again,” indicating that a recession is on the horizon. Discussing his biggest concern Kiyosaki stated: He added:
Stock market crash
The author highlights if and when the stock market crashes, the 401k will fail, and a retirement plan and pensions will be unpayable. He also noted the effects of taking the U.S. off the pipeline with rising food prices becoming a serious issue.
Kiyosaki on crypto
Discussing investing in cryptocurrencies to protect yourself, such as Bitcoin, Ethereum, and Solana with the U.S. dollar about to implode, he said: Finally, he said if they go to the government crypto, he believes at that point, they’re going to be knowing everything you’re doing, and he already doesn’t trust this government. Full interview: Robert Kiyosaki warns inflation will wipe out 50% of U.S. population
