In the early hours of Tuesday, September 15, the prominent investor and best-selling author Robert Kiyosaki published an X post declaring, yet again, that the ‘biggest crash in history has started.’
The writer of ‘Rich Dad Poor Dad’ also pinned the alleged financial crisis to a series of specific factors and pinpointed the two regions in which it originated before spreading across the globe.
Specifically, Kiyosaki stated that the ongoing artificial intelligence (AI) ‘frenzy,’ war in Iran, the record levels of debt, and the fact that Baby Boomers – the largest and wealthiest generation in the U.S. – have started retiring.
The author and investor also opined that the crash began in Europe and Japan and is spreading.
‘Rich Dad’ Robert Kiyosaki reveals what is behind the ‘biggest crash in history’
Looking at the individual claims, there is little doubt that the war in Iran – and in the Middle East in general – has caused substantial economic disruption, as critical supply lanes for crude oil have been rendered exceptionally dangerous to use.
Diesel prices in the U.S. have become the most recent and dramatic example of the impact, as the national average recently hit record highs.
Meanwhile, the AI ‘frenzy’ is yet to reflect poorly in the stock market since, despite the summer downturn, the technology sector has been responsible for a significant portion of gains in 2026.
Still, recent months have led to opinion shifting toward the AI ‘bubble’ existing, though there is little concord with regard to how dangerous it will prove to be and when it might pop.
Additionally, the latest developments within the wider sector appear to be reducing the danger of a sudden bust, as major companies have started calling for an industry-wide slowdown amidst alleged dangers of AI-driven extinction.
U.S. debt hits $40 trillion as long-term bond yields skyrocket
Similarly, the claims about debt creating the ‘biggest crash in history’ have some merit. The U.S. national burden recently exceeded $40 trillion, with the rise in long-term bond yields putting particular strain on the economy.
This aspect of Robert Kiyosaki’s analysis is, arguably, also linked with his geographic claims, since multiple major economies in Europe also saw interest skyrocket, and Japan has been struggling with the stability of its currency to such an extent that it called the American Federal Reserve to its aid.
Both regions are also arguably significantly more exposed to the disruption in the flow of oil than the U.S.
Are Baby Boomers about to crash the economy?
Finally, the ‘Rich Dad Poor Dad’ author’s statement about Baby Boomers retiring harkens back to one of his decade-old predictions.
Indeed, Kiyosaki and several other respected traders, such as Michael Burry, believe that much of the long post-2008 bull market was driven by the rise of index funds and fueled by the perpetual guaranteed buying on behalf of the largest generation in the country.
Thus, once Baby Boomers become net sellers, the stock market is likely to face substantial selling pressure. Notably, however, Robert Kiyosaki originally estimated the phenomenon would start playing out late in the 2010s, and Burry expects it is most likely to begin late in the ongoing decade.
‘Please do not be a victim,’ R. Kiyosaki urges his followers and reveals how
Elsewhere, the ‘Rich Dad Poor Dad’ writer also reiterated his approach to weathering the financial storm.
According to Kiyosaki, ‘there is still a little time before mom, pop and kids, wake up and the panic and bank runs begin.’ This time should be used, per the post, to invest in cash-generating businesses and real estate, as well as in assets like oil wells.
The investor also urged forsaking cash – he is known for calling the American dollar ‘fake money’ – and instead buying his two favored commodities, Gold and Silver, and the world’s premier cryptocurrency: Bitcoin (BTC).
At press time on September 15, it is unknown whether Kiyosaki still favors Ethereum (ETH) and Solana (SOL) – two digital assets he used to recommend along with BTC.
Is Robert Kiyosaki credible?
Lastly, Robert Kiyosaki has become infamous in the last decade for continuously either declaring that a crash has already started or that one is imminent.
Within just the last five years, he has been issuing such proclamations on X almost monthly, while the S&P 500 benchmark index soared 71.89%, Bitcoin rose 59.07%, and gold rallied 136.44%.
Furthermore, Robert Kiyosaki’s tendency to overstate was also recently confirmed by his ex-wife and current business partner, Kim Kiyosaki. For example, the prominent investor drew a lot of attention for claiming he is $1.2 billion in debt, while the real figure – at least directly attributable to him – appears closer to $50 million.
Similarly, the ‘Rich Dad’ author stated he owns 15,000 homes, while the number cited in the same article that breaks down the debt claim is 1,500.
Under the circumstances, it is critical to remain cautious about Robert Kiyosaki’s statements though, arguably, they should not be entirely discounted, considering most of his warnings appear to be a hyperbolic version of the anxieties prevalent among many experts, analysts, economists, and investors across the world.
Featured image via Shutterstock
