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‘Bail yourself out’: Rich Dad Poor Dad author predicts major financial crisis ahead, urges people to ditch ‘fake fiat money’

19 May 2025 Zinkpot 176

SUMMARY

 

Bestselling author Robert Kiyosaki has issued a fresh warning about a possible global financial crisis. The Rich Dad Poor Dad author took to X (formerly Twitter), and said that each crisis gets bigger because the root problems are never solved.

Robert Kiyosaki has issued a stark warning about an impending global financial crisis. He attributes this looming threat to unresolved systemic issues, such as the U.S. abandoning the gold standard in 1971 and the escalating $1.6 trillion student loan debt.

Kiyosaki emphasizes that traditional fiat currencies are becoming increasingly unreliable, advising individuals to protect their wealth by investing in tangible assets like gold, silver, and Bitcoin. He cautions against relying on exchange-traded funds (ETFs), advocating instead for direct ownership of these assets.

Highlighting the pattern of past bailouts—like the 1998 rescue of LTCM and the 2008 financial crisis—he questions who will bail out central banks in the next downturn. Kiyosaki concludes with a call for personal financial responsibility, urging people to "bail yourself out" by securing their assets independently.

 

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