✅✅ Get up to 16 FREE 📈 STOCKS! – Moomoo ✅✅
Robert T. Kiyosaki is an American businessman, investor, and best-selling author. One of his most popular books is “Rich Dad Poor Dad” and it’s a great educational tool on the way to financial freedom. Kiyosaki is well known for revealing the truth about money and finances that they don’t teach in any school.
Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business, stock market, managing money, building wealth, passive income, and other finance-related content!
————————————————–
🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email in the “About” section of the channel. Some links above are affiliate links. Anything displayed on this channel should not be seen as financial advice. Each person has a unique experience, and there is no guarantee of future profitability or success….(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
The global economy is currently facing unprecedented challenges as a result of the COVID-19 pandemic. Many experts have already predicted that the world might be heading towards a recession, but renowned author and financial expert Robert Kiyosaki warns that the situation might be much more severe than that. In a recent interview, Kiyosaki issued a grim warning, stating that the world is at risk of plunging into a depression rather than just a recession.
Kiyosaki, best known for his bestselling book “Rich Dad Poor Dad,” has been a vocal critic of the traditional financial system and has often provided unconventional perspectives on economic matters. His latest warning comes at a time when the global economy is reeling from the impact of the coronavirus, with businesses shutting down, unemployment rates soaring, and governments struggling to stabilize their economies.
In his interview, Kiyosaki emphasized that the measures being taken by governments and central banks to stimulate the economy through massive fiscal stimulus and monetary policies might only delay the inevitable. He argued that these measures could potentially lead to hyperinflation and a collapse of the currency, ultimately culminating in a depression.
Kiyosaki’s warning is particularly alarming considering the widespread economic hardships being faced by individuals and businesses around the world. Many people are struggling to make ends meet, and the future looks uncertain as the pandemic continues to disrupt global trade and commerce.
In light of Kiyosaki’s warning, it’s clear that individuals and businesses need to take proactive steps to safeguard their financial well-being. This may include cutting unnecessary expenses, diversifying investments, and seeking alternative sources of income. It’s also crucial for people to educate themselves about financial literacy and be prepared for the potential long-term repercussions of the current economic crisis.
As the world grapples with the aftermath of the pandemic, it’s evident that the road to recovery will be long and challenging. While Kiyosaki’s warning may be sobering, it serves as a reminder for everyone to be vigilant about their financial security and to be prepared for the possibility of a prolonged economic downturn.
In conclusion, Robert Kiyosaki’s warning about the risk of a depression should not be taken lightly. It’s a wake-up call for individuals, businesses, and policymakers to address the underlying issues that could potentially lead to a more severe economic crisis. By taking proactive measures and adopting a prudent approach to financial management, we can weather the storm and emerge stronger in the face of adversity.
<Great thoughts! The year is almost over and very glad about the decisions I have made so far. Investing in the market earlier this year regardless of the market conditions has saved my life. I made over 70k USD with a start of 25k in the last 7 months. I know it's nothing compared to what others make but I'm glad I'm changing my finances. If things keep going well I might retire soon>.
You know, I like to follow warren buffet instead. Robert has been a bear for years. When the stock market crashes, that presents opportunity to buy great businesses at great prices. Warren has way more money than you and his simple philosophy is “buy more stock when the prices are very cheap.” Robert, don’t say stocks are bad. A hundred billion dollar man would disagree with you on that.
Working with a financial professional can actually help you prepare for life financial struggles. I'm glad I was able to call my coach Isabelle Chloe Scott since I was actively cashing out from my portfolio and finally made over 370k just in the first quarter while everyone else was crying about the downturn. early this year……
Please help us to leave Georgia. We made a mistake when we moved here 18 years ago.
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
Hey Robert, am i an average guy if dont give a f#@k about money but do understand it, aswell im happy when just walking in rain and be free with less,, because i choose to
I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 21% and being cautious. Still better deal than letting it sit in savings or checking earning near 0-1% interest.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
I don't trust central bankers. I think they are planning on crashing everything to collect on all their debt.
Robert, is your debt backed with collateral? With an entire economic crash like we have never seen before, what will you have to turn over to the central bankers?
It's a lot of misinformation here, esp the difference between capitalism and communism.
If you are properly prepared and knowledgeable, every crash/collapse/inflation or recession gives an equal market opportunity. I've seen folks amass up to $800,000 throughout crises and even do it with ease in a terrible economy. Without a doubt, someone has become enormously wealthy as a result of the crash.
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
Thank you. Crypto education is what the world needs the most right now. I don’t think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Helen’s trading ideas and signal tips for your portfolio growth and aggressiveness. SHE is a Woman who has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is.Mrs. Helen Campter’s trade signal does the heavy lifting, generating competitive returns for crypto traders and investors in the form of money and peace of mind. Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Mrs. Helen Campter .
Capitalist buys stocks too. If your stock dividend is paying 2x of the interest of your loan, you're in the safe haven technically
I recommended a professional trader to you guys sometime ago, can i get someone who traded with her?
We’re already in a Great Depression but the media doesn’t tell you that
Instructions unclear, we sold our house at -15% loss
I always forget how dangerous he can be, incentives for over leveraged, then when things go bad, everyone loses.
Haven't we already been in a depression for a while?
This guy hasn't a clue what Marxism/Communism is.