robert kiyosaki launched in 2013 the book Rich dad’s prophecy, why the biggest stock market crash in history is coming… And how you can prepare and profit from it. Since then, the millionaire businessman predicted that the next financial crisis would be stronger than the 2008 housing bubble. Now, everything indicates that this great crisis could be starting this 2023.
Although a decade has passed, over the years the 75-year-old businessman has reaffirmed his projections, particularly in recent months.
“Many of you know that I don’t invest in stocks, bonds, ETFs, and mutual funds. Please DO NOT LISTEN to what I am going to say next: ‘I would get rid of paper assets.’ The world economy is not a ‘market’. I think the economy is the biggest bubble in world history. May God have mercy on all of us,” said the author of Rich father poor father.
As alarming as it sounds, this is not the first time that Kiyosaki predicts a difficult future for the global economy. Just a few days before, he predicted for this 2023 he crash of the dollar and another collapse of Bitcoin. However, he says that it excites him because it will be an opportunity to earn money. “You will smile while others cry,” she said when sharing her investment strategy.
Now, in less than a week, at least three key financial institutions have gone bankrupt: Silicon Baley Bank, SignatureBank and First Republic Bank.
What does Robert Kiyosaki think of the bankruptcy of SVB and other banks?
Although the US government and its regulatory authorities are trying to contain the effects, countless experts agree that the fall of these banks is just the beginning of a chain of disasters in the market. And Kiyosaki is one of them.
“Two big banks have collapsed. Number 3 ready to go (with them). Buy real gold and silver coins now. No listed funds. When bank number 3 leaves, gold and silver will skyrocket. In 2008 I predicted the collapse of Lehman Brothers days before it appeared on CNN, ”Kiyosaki wrote on his official Twitter on March 10, when the closure of SVB due to insolvency was announced.
He added that “if you want proof, go to RichPadre.com” and even predicted that the news would be on the news on Monday.
Just two days later, on Sunday March 12, authorities confirmed the closure of Signature Bank, the largest crypto bank in the country.
In a joint statement, the United States Federal Reserve (FED), the Treasury Department and the Federal Deposit Insurance Corporation (FDIC), said that it was a “systemic risk exemption” to contain the effects of the collapse of BLS.
After the announcement, Kiyosaki predicted that bank bailouts are coming, despite the fact that President Joe Biden himself stated that they will not use public money to bail out private banks. He also took the opportunity to repeat the advice that he has given for at least two years: invest in gold, silver and Bitcoin.
“The rescues begin. More counterfeit money to invade sick economy. I still recommend the same answer. Buy more gold, silver, Bitcoin. Take care. Hard landing ahead,” wrote the businessman.
Other investments to face the crisis, what is already here?
In addition to precious metals and BTC, Robert Kiyosaki recommends investing in real estate, a bet that made him one of the few beneficiaries of the 2008 crisis. He has also stressed the importance of investing in food, as he also predicts a strong food crisis.
The best investment: Tuna cans. Inflation is about to take off. The best investments are cans of tuna and baked beans. You cannot eat gold, silver or Bitcoin. You can eat cans of tuna and baked beans. Food is the most important thing. The next problem is hunger. Invest in the solution. Take care of yourself.
robert kiyosaki
Another of those who came out on top with the 2008 crisis is michael burrywho has also predicted that ‘the mother of all crises’ will arrive. In fact, last August he sold all his shares to buy just one company, a move that worried specialists, investors and the market in general.
Editorial Team The editorial team of EMPRENDEDOR.com, which for more than 27 years has worked to promote entrepreneurship.
