Rich Dad Poor Dad author warns of market crash

Robert Kiyosaki, author of "Rich Dad Poor Dad," has issued a warning about an impending market crash, possibly leading to a depression and war.

In a February 13, 2025, post on X, Kiyosaki advised his followers to prepare for economic challenges, citing potential layoffs and economic contraction.

He criticised government officials promising a "soft landing" and urged people to get back to reality.

Kiyosaki has been vocal about his concerns regarding the traditional financial system, often calling the U.S. dollar "fake money."

As a hedge against the predicted downturn, Kiyosaki recommends investing in gold, silver, and Bitcoin (CRYPTO:BTC), as these assets serve as safe havens during times of economic instability, protecting wealth from inflation and currency devaluation.

“Owning gold and Bitcoin is smarter and safer than saving dollars,” he stated, buying more gold and Bitcoin.

Kiyosaki treats Bitcoin, silver, and gold as the only assets that are safe and profitable to hold in the long term, unlike cash, stocks, or bonds.

While some agree with Kiyosaki's predictions, others are more optimistic.

Garvez, Founder & CEO of Render Audio, responded to Kiyosaki's tweet, stating that the market has seen three months of bullish momentum, and a crash is not imminent.

The economic indicators are mixed, with some suggesting a potential market correction and others pointing to continued growth.

European Central Bank President Christine Lagarde has highlighted the "abundance" of uncertainty heading into 2025.

Kiyosaki has long predicted economic downturns, with some of his forecasts proving inaccurate.

In January 2025, he reiterated his belief in a major stock market crash, pinpointing February 2025 as a critical moment.

Despite the uncertainty, his message serves as a reminder of the economic instability and has resonated with many.