Updated May 3, 2025 18:11 IST
Photo : ET Now Digital
Robert Kiyosaki explained how to use the financial crisis (iStock/X)
“I hope I’m wrong,” Kiyosaki said. “But if I’m right, I want people to be prepared, not panicked.”
Kiyosaki’s 2004 prediction revisited
In his 2004 book Rich Dad’s Prophecy, Kiyosaki warned of a catastrophic event triggered by a broken retirement system and an unsustainable global economy. His predictions seemed prophetic when the 2008 financial crisis devastated markets around the world. Now, Kiyosaki claims the next crash could already be in motion — and it could dwarf the last one.
“This recession may turn into a full-blown depression,” he said, cautioning that the collapse could bring about unprecedented financial turmoil. However, he also emphasized that for those who are prepared, it could be a once-in-a-lifetime opportunity to benefit from the market chaos.
Warren Buffett’s $325 billion cash hoard: A warning sign?
Kiyosaki’s concerns are amplified by the recent actions of billionaire investor Warren Buffett. According to reports, Buffett has recently sold billions in stocks, leaving him with a staggering $325 billion in cash — his largest cash reserve to date. While Buffett has not publicly revealed his strategy, Kiyosaki interprets this move as a signal of something major on the horizon.
“What do you think Buffett is preparing for?” Kiyosaki asked, suggesting that Buffett may be positioning himself to take advantage of future market bargains that typically follow financial crashes.
Real Assets: Key to surviving the coming financial storm
Rather than succumbing to fear, Kiyosaki urges individuals to act with financial agility. He highlights the importance of investing in “real assets” such as gold, silver, oil, real estate, and even Bitcoin. Kiyosaki believes that market downturns present a unique opportunity to purchase valuable assets at discounted prices.
“If Bitcoin were to crash back to $300 a coin… would you cry or celebrate?” he challenged, encouraging investors to see financial downturns as chances to acquire assets at lower costs rather than as signs of impending disaster.
To further stress the importance of preparation, Kiyosaki drew inspiration from famous historical figures known for their wisdom:
- “Luck happens when preparation meets opportunity.” — Oprah Winfrey
These timeless quotes underline Kiyosaki’s core message: financial preparation is the key to weathering the storm of any economic crisis.
Why preparation beats panic in times of crisis
Despite widespread anxiety about volatile markets, rising unemployment, and uncertainty surrounding the global economy, Kiyosaki’s advice remains steadfast: preparation, not panic, is the way forward. He encourages individuals to become financially educated, hold cash reserves, and invest in hard assets in order to navigate the impending financial storm successfully.
“Crashes aren’t disasters for the prepared. They’re discounts,” Kiyosaki concluded, urging readers to stay calm, stay educated, and take action to secure their financial futures.
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