Rich Dad, Poor Dad author Robert Kiyosaki has made some gloomy predictions about the economy and the condition of the market in the past.
He does not invest in mutual funds, bonds, ETS, or equities.
Kiyosaki's comments come as economists predict that the U.S. will be on the precipice of a recession in 2023. Bank of America recently released its global outlook for the coming year and predicted recessions in the U.S. and the U.K. in the coming year.
Last month, Kiyosaki warned that the U.S. is headed for an imminent economic collapse.
Kiyosaki advised people to create different income streams to combat the economic crash.
Gold, silver, andBitcoin may protect your WEALTH but not your INCOME. As the economy crashes, stock markets go bust, pensions crash and unemployment rises, a SIDE HUSTLE may provide income. He said something. Be aware.
Kiyosaki said people were not looking at the larger picture, despite the fact that they were looking at a similar economic situation.
In March, Kiyosaki said that we are in the biggest bubble in the world history, citing bubbles in stocks, real estate, commodities, and oil.