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Robert Kiyosaki Warns of Major Market Crash

Famous author of Rich Dad Poor Dad, Robert Kiyosaki, has warned that the world could be facing one of the biggest financial crashes in history.

For some time he has been concerned about what he calls the “Everything Bubble” which includes shares, property, and even cryptocurrencies.

He has recently been public about saying that he thinks this everything bubble is currently bursting and the ramifications will be massive. Kiyosaki believes this could be worse than the Great Depression of 1929, and make 2008 look like a stroll in the park.

image: Gage Skidmore

Don't Panic?

It is hard to tell with markets. One person will say it is heading up while others say it is heading down.

Still, this rather famous author is well respected and has some experience in the field. He says that the situation is scary, but is telling people not to panic.

Instead, he says everyone should stay calm, watch what’s happening, and think carefully before acting. This is because when it comes to stocks and markets panic is rather contagious. Fear can lead to bad decisions and he says that now is the time to rather “keep your cool.”

While some people might lose a lot, Kiyosaki believes those who stay calm and plan ahead can avoid disaster. He is moving his personal investment strategies to match what he is saying.

What Kiyosaki Is Doing With His Money

Kiyosaki also shared what he is doing with his own money.

Kiyosaki has long warned that normal money (like the U.S. dollar) may lose value, so he prefers assets that in theory keep their worth.

He says he will keep buying things like gold, silver, property, and bitcoin, which he thinks are safer during tough times.

So, are the markets crashing?

Has the Everything Bubble started to burst?

We have certainly seen some massive drops in the US markets due to the current tariff wars going on and instability around the world (politically). The world’s richest man, who is hanging out in and around the oval office these days, has lost around $100 Billion since the start of the year.

Many of the world biggest economies are hitting hard times with the big driver in the EU (Germany) slowing down, Russia hit hard by sanctions and even economic power house China facing internal challenges among some of the biggest brands and developers.