Robert Kiyosaki, author of the book Rich Dad Poor Dad, stated in his latest statement on social media that a global economic collapse has begun.
Stating that the economies of Europe, China and the US are in decline, Kiyosaki warned that a possible "depression" period could be entered.
Kiyosaki urged his followers to act more financially wisely and offered the following advice:
Hold on to your money and your job: A stable source of income and savings are crucial during times of economic uncertainty.
Watch out for gold, silver and Bitcoin: These assets can hold their value against economic downturns, according to Kiyosaki.
There are opportunities in crisis
Kiyosaki said that crises are the best times to get rich, and called on investors to take advantage of opportunities. “I plan to get even richer. I want you to be richer and smarter too,” said Kiyosaki, emphasizing that individuals need to increase their economic knowledge.
Kiyosaki stated that the biggest cause of economic problems is leaders and education systems, once again reminding us of the question, “What did school teach you about money?”
Stay tuned.