American businessman and investor Robert T. Kiyosaki, famous for predicting the 2008 financial crisis and writing the best-selling Rich Dad, Poor Dad, is sounding the alarm once again.
Is the U.S. financial system on the brink of collapse?
Taking to his account on X (formerly Twitter), Kiyosaki didn’t mince words: “The great collapse is here.” In his post, he takes aim at the Federal Reserve, the U.S. Treasury, major banks, and Wall Street, accusing them of flooding the economy with freshly printed money. According to him, this reckless approach is only making things worse—kind of like trying to put out a fire by throwing gasoline on it.
Kiyosaki didn’t just warn about trouble —he also gave his followers some investment tips. He urged them to put their money into assets he believes are safer: gold, silver, and Bitcoin. His reasoning? Unlike the U.S. dollar, which can lose value when central banks print more of it, these assets aren’t as easily manipulated.
His investment strategy: gold, silver, and Bitcoin
“When they crank out more fake money, the wealthy —who own real things— get richer, while the poor and middle class, who save in that ‘funny money,’ end up worse off thanks to inflation and taxes,” he claimed. His game plan? “Let inflation work for you, not against you. Build your savings with gold, silver, and Bitcoin. The crash isn’t coming—it’s already here.”
Translation: Don’t stash your cash under the mattress —it might not be worth much by the time you need it.
While Kiyosaki’s warnings strike a chord with some investors, plenty of people take them with a hefty grain of salt. Since 2011, he has repeatedly predicted financial disasters that haven’t played out the way he expected.
Back in July, he declared that the world was on the brink of its biggest economic meltdown yet —one that wouldn’t just hit the stock market but would also take down real estate, bonds, and even the very assets he swears by, like gold, silver, and Bitcoin.
Then, in November, he doubled down, insisting the financial system was already in free fall. But not everyone is buying it. One social media user pointed out an inconvenient truth: since Kiyosaki started warning about an imminent crash in 2011, the S&P 500 has hit record highs multiple times, proving that Wall Street has been doing the exact opposite of crumbling. Turns out, predicting doom isn’t an exact science.
Even though Kiyosaki has a track record of predicting financial disasters that never quite arrive, he still has a devoted following that hangs onto his every word. Many see his analysis as a compass in uncertain times, even if his predictions don’t always hit the mark.
Meanwhile, financial markets keep a close eye on any signs of trouble. While Kiyosaki’s warnings might not always be right on schedule, they do tap into real fears about rising debt, inflation, and the long-term stability of the global economy. After all, even a broken clock is right twice a day—and if history has taught us anything, it’s that economic crashes do happen. The question is just when.
Who is Robert Kiyosaki?
Robert Kiyosaki is one of the most famous –if not best-reputed– financial advise writers of the last few decades. After publishing his book Rich Dad, Poor Dad in 1997, he rose to fame and became a staple in media when any news outlet needed an expert’s opinion on the current economy.
Born in 1947 in Hawaii, Robert attended college in New York and later fought in the Vietnam War with the Marine Corps. After leaving the military, he became one of the top salespeople at Xerox. In 1985, he cofounded the Excellerated Business School for Entrepreneurs.
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