Robert Kiyosaki Says 'We Are in Biggest Bubble in World History'

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cancel2 2022

Canceled
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He may be wrong but somehow I think he's right.

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788.” He stressed that the “real problem” is in the bond market, which is “40 times larger” than the stock market. He is waiting for the price of bitcoin to fall further to buy some.

Robert Kiyosaki Warns Bond Market Is Crashing
The author of Rich Dad Poor Dad, Robert Kiyosaki, has made several fresh predictions about the stock and bond markets. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

The famous author tweeted Friday:

U.S. bond market crashes. Biggest bond crash since 1788 … Bond markets bigger than stock market. I am buying more gold, silver now, and waiting for bitcoin to go lower.

He also stressed that China’s real estate market is crashing, noting that there are “Over 90 million empty condos in China.”

In a follow-up tweet, the Rich Dad Poor Dad author explained:

Losers watching stock market. Real problem is in bond market. Bond market 40 times larger than stock market. Please pay attention to bonds, not stocks. Major crash to come.

He tweeted in April that bonds are the riskiest investment in a global meltdown. “Tragically rookie investors follow rookie advice of 60 (stocks) 40 (bonds) mix,” he opined, recommending investors buy gold, silver, and bitcoin “as insurance against morons running the world.”

https://scitechdaily.com/a-beginners-guide-to-quantum-programming/
 
“Tragically rookie investors follow rookie advice of 60 (stocks) 40 (bonds) mix,” he opined, recommending investors buy gold, silver, and bitcoin “as insurance against morons running the world.”
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bonds huh. i think he means global insolvency?
 
Primavera said:
.
He may be wrong but somehow I think he's right.

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788.” He stressed that the “real problem” is in the bond market, which is “40 times larger” than the stock market. He is waiting for the price of bitcoin to fall further to buy some.

Robert Kiyosaki Warns Bond Market Is Crashing
The author of Rich Dad Poor Dad, Robert Kiyosaki, has made several fresh predictions about the stock and bond markets. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

The famous author tweeted Friday:

U.S. bond market crashes. Biggest bond crash since 1788 … Bond markets bigger than stock market. I am buying more gold, silver now, and waiting for bitcoin to go lower.

He also stressed that China’s real estate market is crashing, noting that there are “Over 90 million empty condos in China.”

In a follow-up tweet, the Rich Dad Poor Dad author explained:

Losers watching stock market. Real problem is in bond market. Bond market 40 times larger than stock market. Please pay attention to bonds, not stocks. Major crash to come.

He tweeted in April that bonds are the riskiest investment in a global meltdown. “Tragically rookie investors follow rookie advice of 60 (stocks) 40 (bonds) mix,” he opined, recommending investors buy gold, silver, and bitcoin “as insurance against morons running the world.”

https://scitechdaily.com/a-beginners-guide-to-quantum-programming/
Click to expand...

"Here comes the BIG CRASH"
Hawkeye the Wise
 
I mean, maybe. But people have been predicting real economic doom for decades. We've had a few crashes in that time - but nothing lasting. We always rebound, and it usually doesn't take that long.
 
The problem here is many governments bought into the latest radical Leftist monetary fad: Modern Monetary Theory.

https://www.investopedia.com/modern-monetary-theory-mmt-4588060
https://money.usnews.com/investing/investing-101/articles/what-is-modern-monetary-theory-mmt

In a nutshell, what MMT proposes is that because governments can print their own money they aren't beholden to the same economic rules the rest of us mere peasants are. That is they can pay their bills simply by printing more money.
 
T. A. Gardner said:
The problem here is many governments bought into the latest radical Leftist monetary fad: Modern Monetary Theory.

https://www.investopedia.com/modern-monetary-theory-mmt-4588060
https://money.usnews.com/investing/investing-101/articles/what-is-modern-monetary-theory-mmt

In a nutshell, what MMT proposes is that because governments can print their own money they aren't beholden to the same economic rules the rest of us mere peasants are. That is they can pay their bills simply by printing more money.
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The problems run much deeper than that, you must be in denial.
 
T. A. Gardner said:
The problem here is many governments bought into the latest radical Leftist monetary fad: Modern Monetary Theory.

https://www.investopedia.com/modern-monetary-theory-mmt-4588060
https://money.usnews.com/investing/investing-101/articles/what-is-modern-monetary-theory-mmt

In a nutshell, what MMT proposes is that because governments can print their own money they aren't beholden to the same economic rules the rest of us mere peasants are. That is they can pay their bills simply by printing more money.
Click to expand...

Yes, Regressives are great believers in MMT but then they also believe that women have penises.
 
No question we're in a super bubble. But that's been true for 10 years or more. It will pop but that could be years away. Nobody knows.

I'm heavy into gold and silver. But no bitcoin for me. It's an obvious scam.
 
1.... Stay as debt free as possible and remain that way.

2... Own some land and properties. When I say own I mean OWN,...not mortgaged.

3.. Own at least " some" physical Silver and Gold.

4...Stay productive and generating at least some kind of income as long as possible.

5...Do not engage in illegal activity or illicit drug use.

6...Do not be an alcoholic.

7...Be kind to people, especially those in need. But do not be anyones fool either.

8...Have the ability to defend your home, property, family , friends, and those in need of defending. But DO NOT look for trouble.

9..Have faith in the Lord. If he is with us who can stand against us.



Do these 9 things and you will be just fine no matter what economic disaster befalls the world.
 
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Also. Be fair in any dealings you may have whether they be personal or business. Any deal that is not fair to BOTH parties involved is something to avoid at all costs. You MAY benefit SHORT term,....but in the end you will lose much more then you ever gained by engaging in unfair business practices.
 
Case in point.........I can talk about this now due to the way the situation ended and also as a kind of teachable moment,.....normally I wouldnt.

Back in May I was driving thru town and saw what looked like an Arab family set up in front of a business after hours sitting in front of their van. California plates. Man, Woman, three children. Husband holding up sign that read....." No money, no gas, no food,..trying to get home. Please help" There was a cop questioning them at the time. I walked up, handed the husband a 50, he and wife thanked me.....got in my car and drove away. Felt good about it,....that was the end of it.


Last Wednesday afternoon I decided to go to my favorite sandwich shop which happens to be right out on one of the main drags and directly in front of a Walmart parking lot. As Im walking in the place guess who I see set up in the Walmart parking lot? Same people with the same sign. They just changed location. With this being late July it is obvious that the whole thing is a scam. BUT......I STILL feel good about giving the 50 bucks because its NOT about what someone else does......its about what YOU DO. If they are doing something wrong thats on THEM,.....and if you did the right thing thats on YOU. Would I give them any more money? HECK NO. Lesson learned. But it also wont stop me from helping someone else in the future either.
 
Primavera said:
Remains to be seen I guess, he's a controversial figure in the world of finance.
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Buying bonds = buying debt. Every economist knows the US cannot and will not pay off its debt. Kiyosaki is wrong about China, they have the cash to survive this crash. That means they can afford WW3. The EU and US race to the bottom has left us bankrupt.
 
LOL the level of stupidity about economics on this site is SHOCKING. Now wer're quoting a snake oil salesman that hocks his books to unsuspecting dumb fucks like the OP. It's sublime.
 
Stone said:
Case in point.........I can talk about this now due to the way the situation ended and also as a kind of teachable moment,.....normally I wouldnt.

Back in May I was driving thru town and saw what looked like an Arab family set up in front of a business after hours sitting in front of their van. California plates. Man, Woman, three children. Husband holding up sign that read....." No money, no gas, no food,..trying to get home. Please help" There was a cop questioning them at the time. I walked up, handed the husband a 50, he and wife thanked me.....got in my car and drove away. Felt good about it,....that was the end of it.


Last Wednesday afternoon I decided to go to my favorite sandwich shop which happens to be right out on one of the main drags and directly in front of a Walmart parking lot. As Im walking in the place guess who I see set up in the Walmart parking lot? Same people with the same sign. They just changed location. With this being late July it is obvious that the whole thing is a scam. BUT......I STILL feel good about giving the 50 bucks because its NOT about what someone else does......its about what YOU DO. If they are doing something wrong thats on THEM,.....and if you did the right thing thats on YOU. Would I give them any more money? HECK NO. Lesson learned. But it also wont stop me from helping someone else in the future either.
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Why was it important to mention that this was an Arab family? You are utterly full of fucking shit.
 
What it boils down to is the Anglophiles vs the BRICS. The IMF and Joe Biden are keeping the BRICS united. History will show economic war of aggression as the crime that it is.
 
Robert Kiyosaki is a questionable character.

Kiyosaki is the subject of a class action suit filed by people who attended his seminars and has been the subject of two investigative documentaries by CBC Canada and WTAE USA. Kiyosaki's company, Rich Global LLC, filed for bankruptcy in 2012.

Kiyosaki is the subject of a class action suit filed by people who attended his seminars and has been the subject of two investigative documentaries by CBC Canada and WTAE USA.[4][5] Kiyosaki's company, Rich Global LLC, filed for bankruptcy in 2012.[6]
 
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