Robert Kiyosaki warns of massive global stock and bond market crash

Robert Kiyosaki, author of ‘Rich Dad Poor Dad’, has issued a warning on X stating that the largest stock and bond market crash in history has begun. He claims the crash originated in Europe and Japan and is now spreading globally.

Kiyosaki attributes the economic instability to several factors, including the artificial intelligence hype, conflict in Iran, excessive debt levels, and the retirement of the Baby Boomer generation. He drew a historical comparison to the Great Depression, noting it lasted from 1929 to 1954, and suggested that those prepared with tangible assets could find prosperity during such periods.

He specifically cautioned individuals with retirement accounts, such as 401ks, IRAs, or RRSPs, particularly those over the age of 40, to prepare before widespread panic or bank runs occur.