2 years ago

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The World's Largest Bubble is Breaking In History! | Robert Kiyosaki's Last WARNING
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►In this video, financial advisor Robert Kiyosaki, author of "Rich Dad, Poor Dad," discusses that the that America is currently in the midst of a financial crisis, with a bubble in real estate, stocks, and bonds. He states that he has "never seen it so frightening" and predicts that this will be the "biggest bubble in world history" that is going to burst. He also mentions that America is going into the next depression, and that the US is at war with Russia. He believes that President Biden is trying to get oil from Venezuela and Iran, but is cutting off US oil. He says that he makes more money, but America is going to go broke.

Kiyosaki mentions that in 2008, when the markets crashed, he and his friend Kenny borrowed millions of dollars because they saw it as an opportunity to invest in the best investments in the world. He believes that the power to change internally is the biggest power, but people don't have that power and they will continue to make poor financial decisions. He advises people to "step up their education" because he believes that the current financial situation is serious. He mentions the repo market collapse and the collapse of Lehman Brothers in 2008, and he states that he was on CNN predicting these events.

He talks about meeting Ken McElroy, a real estate investor, and how he was different from the "flippers" that he didn't like, who were buying and selling properties quickly. McElroy taught him how to acquire real estate with nothing down, using 100% debt, and not paying taxes. He states that he and McElroy have made "multi-millions of dollars worth billions of dollars in debt" because debt makes people with financial education rich. He advises that the current financial crisis will be an opportunity for people to make a fortune, as the real estate market crashes.

Kiyosaki also mentions a conversation he had with a friend who is a member of the Hawaii Harlequins rugby team, who told him about wealthy people in Hawaii who were going broke. He reflects on the introduction of the 401K in 1974 and how he believed the people selling it were lying. He believes that having a "rich dad" and a "poor dad" gives him an advantage in understanding financial matters.

► 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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