Rich Dad Poor Dad author Robert Kiyosaki has warned that the biggest crash in history may be starting. Emphasizing that the U.S. banking system is bankrupt, he warned that the S&P 500 will be next to collapse, which will “toast millions” of U.S. retirement plans. There’s “no time to play Russian Roulette with your life,” he stressed.
‘No Time to Play Russian Roulette With Your Life’
The author of Rich Dad Poor Dad, Robert Kiyosaki, has doubled down on his greatest crash warning. 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.
He wrote on social media X Sunday that bank credit just sold off like in 2008. “This may be the start of the biggest crash in history,” he warned, cautioning that there’s “no time to play Russian Roulette with your life.”
In a follow–up post on X, Kiyosaki said he wants to thank people who laughed at him for recommending his followers to buy and save silver since 2010. “It’s not easy being Paul Revere or Chicken Little warning people the U.S. government is stealing our wealth viz our money. Yet laugh all you want. It’s still not too late,” he wrote, adding:
Our banking system is bankrupt. Buy gold, silver, bitcoin while you still can.
The famous author predicted that once you buy gold, silver, and bitcoin, “your friends and family will laugh at you.” However, he emphasized: “Laugh all you want into a global banking crisis. Please remember my warning in Rich Dad Poor Dad published in 1997 predicting ‘Savers are losers’ and ‘Your home is not an asset’ which came true in 2008. People are still laughing at those 1997 predictions.” Kiyosaki concluded:
Watch for my next warning. The S&P is next which will toast millions of 401ks and IRAs [retirement plans].
The renowned author has repeatedly warned about an upcoming crash. Earlier this month, he said the next crash may turn into a depression. He also cautioned about a giant market collapse, another war, and “really hard times ahead” for millions. In November, he urged investors to get into bitcoin now before it’s too late.
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