Financial educator and author Robert Kiyosaki is once again warning of an incoming devastating economic downturn, which he has termed the “Greater Depression,” likely to impact the entire world.
In issuing this grim outlook, ‘Rich Dad Poor Dad’ author reflected on past predictions from his 2014 book ‘Rich Dad’s Prophecy’, in which he warned of the largest stock market collapse ever.
To this end, Kiyosaki maintained that his 2025 economic prediction regarding market distress remains on track, as present financial conditions point toward its fulfillment, he said in an X post on February 9.
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“In 2014 I published RD’s Prophecy predicting the biggest stock market crash in history. Unfortunately that “prophecy” is coming true, in 2025. Markets are crashing and my concern is the world may be entering into another “Greater Depression,” he said.
Kiyosaki asserted that the impending downturn would eliminate millions of jobs before stock values plummet, coupled with widespread home foreclosures.
While he believes his prediction is unfolding, the investor hopes it will be proven wrong—yet he still expects economic chaos in the near future.
Getting rich during economic depression
Interestingly, Kiyosaki stated that such a downturn would present an opportunity for the prepared to get rich. In this line, he advocates for continued investment in gold, silver, and Bitcoin (BTC) as a hedge against economic distress.
“The coming Great Depression may be the best time for you to get very rich…but you still have to invest in your own financial education,” Kiyosaki added.
Notably, Kiyosaki has previously advised investors to sell their homes to buy Bitcoin—advice that has been criticized, given that he is believed to own real estate properties himself.
At the same time, he encouraged people to start businesses offering essential services during a depression, such as livestock farming, sustainable agriculture, and other critical industries.
He suggested that falling property prices would create buying opportunities in the real estate market in case of a crash but cautioned that some investments may yield poor returns.
According to Kiyosaki’s projections, office buildings and small retail properties are particularly high-risk assets, warning investors to conduct thorough market research before purchasing.
It’s worth noting that in recent weeks, Kiyosaki has intensified his cautionary outlook about a potential global crash, though he has provided varying timelines.
Kiyosaki’s economic collapse controversy
For instance, as reported by Finbold on January 27, he claimed that the “biggest crash in history” would occur in February. Before that, the financial literacy advocate had noted that the crash had already started.
Nevertheless, his market crash predictions have increasingly become controversial, as many have failed to materialize within his projected timelines.
While Kiyosaki’s projection of an economic collapse remains debatable, his advocacy for protecting wealth through alternative assets may hold merit, as precious metals have served as safe-haven assets during times of crisis. Meanwhile, as Bitcoin matures, proponents increasingly perceive it as “digital gold.”
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