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Robert Kiyosaki Warns Market Crash Escalating—'Greater Depression' Could Wipe out Millions
Markets are crashing, and the world may be heading into a “Greater Depression,” warns Robert Kiyosaki, predicting mass unemployment and financial turmoil.
Robert Kiyosaki: The World May Be Entering Into Another ‘Greater Depression’
Robert Kiyosaki, author of Rich Dad Poor Dad, has reiterated his long-standing prediction of a historic market collapse, stating that his 2014 book Rich Dad’s Prophecy foretold the “biggest stock market crash in history.” In a Feb. 8 post on social media platform X, Kiyosaki warned that the downturn he predicted is unfolding in 2025, potentially leading to a “Greater Depression” that could result in mass unemployment and financial hardship.
“Unfortunately that ‘prophecy’ is coming true, in 2025,” the famous author stressed, adding:
“I hope I am wrong, yet that is what I predicted back in 2014. If you had taken Rich Dad’s prediction seriously… You may do very well in the coming Greater Depression,” Kiyosaki noted.
He emphasized that those who had heeded his advice might be better positioned to navigate the crisis, emphasizing:
The acclaimed author urged individuals to take financial matters into their own hands, advocating for entrepreneurship and self-sufficiency as means of weathering economic turmoil. He also suggested that owning land and producing essential goods, such as vegetables, eggs, and cattle, could provide financial stability. Moreover, he highlighted real estate as a potential opportunity, advising prospective investors to educate themselves before purchasing properties.
Kiyosaki has a history of predicting economic downturns, often emphasizing the potential for market crashes and depressions. Despite his frequent warnings, many of his past predictions have not materialized as anticipated. Nevertheless, Kiyosaki continues to advise individuals to prepare for potential economic downturns by investing in assets like gold, silver, and bitcoin, which he believes can serve as hedges against financial instability. While warning of challenging times ahead, Kiyosaki suggested in his Feb. 8 post that economic downturns could be an opportunity for those who are financially prepared, concluding: “Yet a Greater Depression… may be your best time to get richer.”