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The Economy Will CRASH In the Upcoming Years | Robert Kiyosaki
The Economy Will CRASH In the Upcoming Years | Robert Kiyosaki
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â–ºRobert Kiyosaki discusses the current state of the economy and the potential for a financial crisis. He mentions that the real estate market is particularly vulnerable and can have a ripple effect on businesses and neighborhoods. Kiyosaki also discusses the importance of energy and the potential for rising energy prices to affect standard of living. He believes that the current market will experience a significant downturn and advises against a "buy and hope" strategy, instead advocating for investments that generate cash flow and can avoid taxes. Kiyosaki also mentions the potential for hyperinflation and the historical connection between inflation and dictatorships or revolutions. He also highlights the corporate credit bubble and the risks associated with companies using their credit to buy back their own stock and increase debt. Kiyosaki advises diversifying investments and considering alternative assets, such as oil and gas, to mitigate risks in the current market.
â–ºIf you found this video helpful, please consider sharing it with your friends. If you want to see more videos like this, you may want to consider subscribing to the channel.
â–º Special thanks to:
Robert Kiyosaki & The Rich Dad Channel
https://www.youtube.com/user/RDdotcom
Disclaimer: This video is for educational and entertainment purposes only. I am not a financial adviser. Please do your own research and consult with a professional before making any investment decisions.
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