Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It hasbeen on the New York Times Best Seller List for over six years. More than 32million copies of the book have been sold in over 51 languages across more than 109countries.
Kiyosaki tweets that a Wile E. Coyote momentand the biggest bubble burst are coming. Claiming that hyperinflation anddepression are here, the famous author recommends buying gold, silver, andbitcoin “before the coyote wakes up.”
The author of Rich Dad Poor Dad opined that babyboomers’ retirements will be “stolen” and that the $10 trillion in fake moneyspending is ending. He called the U.S. government, Wall Street, and the FederalReserve thieves.
Moreover, Kiyosaki tweeted early this month: “Repomarket inversion. The last time this happened was 2008 … In 2008 I borrowed$300 million to buy great real estate, at bargain prices. Time to get richcoming again. Time to get smart, not greedy.”
JPMorgan Chase CEO Jamie Dimon, for example, saidthis week that the risk of the Federal Reserve tipping the U.S. economy intorecession is rising. Former Treasury Secretary Larry Summers also saida recession is “the most likely” outcome for the U.S. economy, not asoft landing.
In October last year, Jack Dorsey, the CEO of Block Inc. and former CEO of Twitter Inc., predicted that hyperinflationwill soon happen in the U.S. and the world.
Last month, the Rich Dad Poor Dad author said the U.S.dollar is about to implode, recommending investors buy more Gold, Silver,Bitcoin, Ethereum, and Solana. He emphasized that the world is in trouble andthe U.S. national debt is going through the roof.
