Robert Kiyosaki, author of "Rich Dad Poor Dad," warned that a soft landing for the U.S. economy was a fantasy and stressed that an emergency landing was more likely. The famous writer noted that he had already warned of this huge collapse in his book The Prophecy of the Rich Dad, stressing: "The next collapse could turn into a depression." ”
Robert Kiyosaki, author of "Rich Dad Poor Dad", has once again sounded the alarm about the US economy. Rich Dad Poor Dad is a book co-authored by Kiyosaki and Sharon Lechter in 1997. It has been on the New York Times bestseller list for six consecutive years. The book has sold more than 32 million copies in more than 51 languages in more than 109 countries.
Kiyosaki wrote on the social ** platform X on Wednesday: "A soft landing is a fantasy. A forced landing is more likely. I warned of this massive collapse in my book The Prophecy of Rich Dad in 2012. He continued:
The next crash could turn into a depression.
The famous writer also shared in an X post on Sunday that Israel's war with Hamas prompted him to buy an electric car. "The war is about oil," he said. "Higher gas** will make the poor poorer. He went on to reiterate his recommendation to buy** and Bitcoin, which he believes is the best investment in times of instability.
The famous writer has repeatedly expressed concern about the challenging future of the US economy. Last week, he similarly warned of the possibility of a possible next Great Depression and war, and that millions of people would face "very difficult times." Kiyosaki also previously warned of the "worst real estate crash ever", stressing that the Fed's interest rate hikes would also lead to a collapse of bonds, bonds and the dollar.