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

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.

I have been reading through your posts. Boring but necessary. Can you point out where anything you ever said about the economy or economics was correct?
 
I have been reading through your posts. Boring but necessary. Can you point out where anything you ever said about the economy or economics was correct?

Do your own research. If you want to discuss economics intelligently without partisan bullshit, I'll be happy to do it.

Example? The 2008 mortgage crisis was the direct result of investment banks overleveraging crap mortgages. That this is EVER disputed is beyond me. But it is all the time. It was Carter, or Clinton, or Barney Frank, or Freddie and Fannie. Those viewpoints are ignorant.
 
Buying bonds = buying debt.
Buying bonds=loaning money at a set interest rate. AAA bonds are insured. With the Fed cowering to trump's demands, they set rates at 0.
The bond market wasn't a great place to invest.

It's getting better now.
 
I suspect you're right. He seems to be overly sensitive to Sailors nickname.

Sailor, has been banned from this forum for a month, and apparently Sailor has found a way to circumvent his suspension.
 
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]
Anybody who is pushing crypto is a moron. The guy referenced in the OP is a moron
 
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