American investor Robert Kiyosaki painted a grim picture of the financial world on Sunday — predicting that global asset bubbles would burst and unemployment rise sharply in the coming days. The Rich Dad Poor Dad author warned that the “biggest crash in history had began over Thanksgiving”. He also urged followers to invest in energy while outlining his own strategy “for getting richer”.
“For 30 years Japan has loaned billions to investors in global markets, and money flowed into real estate, stocks, bonds, commodities & businesses. The Japanese “carry trade” blew the assets of the world….into the biggest bubble in the world. Japan put a pin into these global assets and the biggest crash into history began over Thanksgiving,” he wrote on X.
Kiyosaki warned that the bursting of a “30 year bubble” would leave many people struggling — with millions “becoming unemployed, poorer, and most likely losing the homes they own”.
‘Invest in energy’
The well-known author argued that the current situation also offered people a chance to “become richer even if the global economy crashed”. Kiyosaki explained in a lengthy social media post that he would be sharing 10 suggestions over the next few days that “may prevent you from being you from being a victim of the biggest bubble in history bursting”.
“We all know AI will wipe millions of jobs out. I am investing with oil and natural gas producers because AI demand massive amounts of energy to support AI growth. You may want to invest in oil and natural gas companies via private equity ( which is what I do….a Fast Track deal in my Cashflow Boardgame….or you can all your financial planner or stock broker…. and invest via stocks, ETFs or mutual funds dedicated to energy companies,” he explained.
‘The crash is here’
The prominent investor has been vehement in his support for assets such as gold, silver, Bitcoin and Ethereum in recent months — recently calling silver “the best and the safest” option.
“In 2013 I published RICH DADs PROPHECY predicting the biggest crash in history was coming. Unfortunately that crash has arrived. It’s not just the US. Europe and Asia are crashing. AI will wipe out jobs and when jobs crash office and residential real estate crashes. Time to buy more gold, silver, Bitcoin and Ethereum. Silver is the best and the safest. Silver is $50 today. I predict silver will hit $70 soon and possibly $200 in 2026,” he had written on X last week.