Robert Kiyosaki Advises Preparing for Depression — 'For Years I Could See This Crisis Coming'

Rich Dad Poor Dad author Robert Kiyosaki has advised preparing for an economic depression. He emphasized the importance of being ready for the worst, cautioning against the complacency prevalent among many who prefer to “live in Disneyland.” He added that he could see this crisis coming for years, which is why he has adopted a strategy that includes owning bitcoin.

Robert Kiyosaki Says He’s Planning for a Depression

The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with a stark warning about an economic depression, urging investors to prepare for the worst. 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 platform X Thursday:

Depression next? I am planning on one.

The famous author added: “Q: Do I want a depression? A: No. Yet it is better to be preparing for the worse rather than live in Disneyland, which most people are doing.”

He continued: “Depression can be the perfect time to get rich, really rich, if you are prepared for one. Stop living in Disneyland and prepare to get rich…very rich. Please be prepared and take care. It’s getting exciting.”

Kiyosaki further shared:

For years I could see this crisis coming… which is why I wrote Rich Dad Poor Dad, own my business, use debt as money to buy cash flowing assets such as rental properties, save real gold and silver, and today bitcoin.

Last week, the renowned author shared his crash survival rules. He cautioned that a crash has begun and “It will be a bad one.” He advised: “Don’t save money. Fake money (U.S. dollar, euro, yen, peso) goes down in value. Save gold, silver, bitcoin, real money that goes up in value, especially in a market crash.”

What do you think about Robert Kiyosaki’s advice regarding an economic depression in the U.S.? Let us know in the comments section below. #Write2Earn