Robert Kiyosaki, author of the bestseller „Rich Dad, Poor Dad”, has declared that the stock market crash he predicted in his 2014 book „Rich Dad’s Prophecy” has finally happened. In his latest post on X, he criticized modern pension systems, emphasizing their vulnerability to market collapses.
Is the Financial System a Ponzi Scheme?
Kiyosaki didn’t hold back in his criticism of the global financial system. He claims that financial education is inadequate and that the monetary system operates like a Ponzi scheme. In his words:
„Just as fake as the U.S. dollar and U.S. bonds.”
According to him, the only real protection against an impending crisis is hard assets—gold, silver, and Bitcoin (BTC). He also strongly warns against investing in ETFs backed by these assets, calling them unreliable.
Kiyosaki Supports Bitcoin and Criticizes Investors
Following Donald Trump’s announcement of a Strategic Bitcoin Reserve, Kiyosaki praised it as an example of real leadership. Meanwhile, he harshly criticized those who sold BTC during the recent downturn, stating:
„People who sold BITCOIN during the last crash are LOSERS.”
Will His Predictions Come True?
Kiyosaki has long predicted the collapse of the traditional financial system. His warnings have gained even more attention amid recent market declines and increasing economic uncertainty.
However, it’s worth noting that while gold is often seen as a safe-haven asset, the U.S. government has previously criminalized its private ownership. Cryptocurrencies, despite being decentralized, are not immune to regulation—Gensler’s SEC crackdown on crypto has demonstrated that.
Are we truly witnessing the biggest stock market crash? Or is this just another overly pessimistic prediction that won’t fully materialize?
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