Shortly after the clock struck midnight on February 13, 2025, the prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, took to X to issue another dire warning about the troubles with the U.S. economy.
According to Kiyosaki, the layoffs in 2025 will hit the American workforce hard as ‘Trump (will) eliminate 65,000 jobs.’ The author also announced that the oil industry is also firing thousands of employees as ‘the economy is contracting.’
The situation in the fossil fuel sector comes as something of a surprise as it is widely expected to enjoy a renaissance due to President Donald Trump’s ‘drill, baby, drill’ pledge and an approach to energy that emphasizes abundance over other considerations.
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Per the X post, multiple car manufacturers such as Nissan (TYO: 7201) and Volkswagen (ETR: VOW3) are not faring much better.
Can investors protect against the ‘contracting’ economy
Robert Kiyosaki, in the same tweet, called on his followers to ‘stop dreaming,’ warning there would be no ‘soft landing’ – an outcome to the current Fed policy that would see inflation brought down without triggering a crash.
The author thus concluded that people should ‘prepare for a market crash, possible depression, and war.’
Though Kiyosaki failed to give specific advice, simply saying that his followers would be wise to stop listening to the authorities, his previous statements give an indication as to what he might consider a savvy approach.
How to weather the implied ‘hard landing’
Specifically, the ‘Rich Dad’ author is known for favoring two commodities – gold and silver – and one cryptocurrency – Bitcoin (BTC) – over all other investments. Indeed, he has made hundreds of X posts about the three investments and has been recommending buying the precious metals for decades.
So far, the strategy appears to have yielded strong results as the ‘Robert Kiyosaki portfolio’ enjoyed substantial returns in 2024 and has, by February 13, 2025, at least preserved its value in the current year.
At press time, it remains unclear if the prominent investor would recommend his followers count on the real estate market as, despite claiming to own 15,000 homes, he urged people to sell their own house to invest in Bitcoin as recently as December.
Why Robert Kiyosaki may be an unreliable predictor of a crash
Another somewhat strange aspect of Kiyosaki’s tweets is that they appear to continuously switch between the economic prosperity he expects will be brought by President Trump and rather grim predictions about a disastrous crash poised to erase the wealth of entire generations.
Still, the contradiction might be only skin deep. The author himself claims that he made a lot of money during the Great Recession, and it is likely he is frequently referring to the cyclical nature of the system which swaps between protracted bull markets and violent crashes.
Furthermore, it is possible that Kiyosaki believes his predicted crash will come as the aftermath of President Biden’s policies and not a dubious approach of President Trump.
Still, only time will reveal if there is a contradiction depending on whether the ‘Rich Dad’ author is still predicting a massive crash in 2026 or 2027.
Finally, it is worth pointing out that Robert Kiyosaki has been warning about an imminent recession for a decade and has repeatedly proclaimed that the crash had already begun.
Disclaimer: The featured image in this article is for illustrative purposes only and may not accurately reflect the true likeness of the individuals depicted.
