Rich Dad Poor Dad Author Says Economy Is World’s Biggest Bubble

“Rich dad, poor dad” author Robert Kiyosaki has made some dire predictions in the past about the economy and the market situation.

Now, in a new tweet, Kiyosaki said the “economy is the biggest bubble in world history.” He also mentioned that he doesn’t invest in stocks, bonds, ETS, or mutual funds.

Kiyosaki’s comments come as economists predict the US is on the brink of recession in 2023. Bank of America recently published its global economic outlook for the coming year and expected recessions in the US, Europe and UK in the coming year.

Last month, Kiyosaki warned that the US is headed for imminent economic collapse.

Also read: Rich Dad Poor Dad author warns of economic pain and says baby boomers will be the “biggest losers”.

He tweeted that amid an economic meltdown, investors could keep their capital intact by charging gold, silver and bitcoin.

Kiyosaki advised people to create various sources of income to combat the economic crash.

“Gold, silver, bitcoin can protect your wealth… but not your income. When the economy is collapsing, stock markets are busting, pensions are plummeting, and unemployment is rising, a side hustle can provide you with an income. Who knows? Your side business can become the next Amazon or Bitcoin. Take care. Be aware,” he tweeted.

Hinting at a similar economic situation, Kiyosaki said people are not looking at the bigger financial picture.

In early March, citing bubbles, Kiyosaki mentioned that we are in the largest bubble in world history in stocks, real estate, commodities and oil.

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