Rich Dad Poor Dad Author Robert Kiyosaki Warns of “Greater Depression,” Urges Public to Act Before It’s Too Late

Rich Dad Poor Dad Author Robert Kiyosaki Warns of "Greater Depression," Urges Public to Act Before It's Too Late
Photo Credit: X /@theRealKiyosaki

With growing fears of a severe economic downturn in 2025, financial educator and bestselling author Robert Kiyosaki is raising red flags about what he believes could be the most significant financial collapse in modern history. Known for his book Rich Dad Poor Dad, Kiyosaki has taken to social media with a stark warning: the long-anticipated “Greater Depression” may already be unfolding—and for many, time is running out to prepare.

In a recent post on X (formerly Twitter), Kiyosaki painted a bleak picture of the current U.S. economy. He highlighted record-breaking levels of credit card debt, ballooning national debt, and a troubling rise in unemployment. But perhaps most concerning, he pointed to the sharp decline in retirement savings like 401(k)s and the increasing vulnerability of pension funds.

“It makes me sad,” he wrote, reflecting on how these financial struggles were exactly what he predicted in earlier works like Rich Dad’s Prophecy, Fake, Who Stole My Pension, and even his original bestseller. For years, Kiyosaki has warned that a massive stock market crash was coming—and now, he believes it’s happening.

His concern is deeply personal. Kiyosaki expressed disappointment that despite his repeated warnings, many people still chose not to prepare. “People who listened to my warnings are doing well today,” he said. “I am concerned for those who did not.”

However, his message isn’t one of doom alone. Kiyosaki emphasized that there’s still time for individuals to take control of their financial futures—if they act quickly and decisively. His long-standing advice remains unchanged: invest in gold, silver, and Bitcoin.

Some have criticized him for repeating the same recommendations, but Kiyosaki stands firm. “Yes, I repeat that advice,” he said, arguing that these tangible assets could provide a safe haven as traditional financial systems falter. He believes that those who act now—even with modest investments—could emerge from this crisis not just unscathed, but potentially wealthy.

Also Read: ‘Bail Yourself Out’: Rich Dad Poor Dad Author Predicts Major Financial Crisis, urges People to ditch ‘Fake Fiat Money’

To illustrate the power of belief and mindset, Kiyosaki drew from a lesson he learned in Sunday School: “And the word became flesh.” He used this reference to argue that people often manifest financial hardship through the way they think and speak. “Poor people speak poorly of themselves,” he noted, explaining that phrases like “I can’t afford it,” or “I’ll wait” are self-defeating.

According to him, even a struggling individual who manages to buy a small amount of gold, silver, or half a Bitcoin could end up among the “new rich” once the economic storm passes.

Looking to the future, Kiyosaki made bold predictions: by 2035, he believes Bitcoin could surpass $1 million, gold could reach $30,000, and silver might climb to $3,000 per coin. While these figures may seem ambitious, he insists they reflect the scale of change he sees coming.

He closed his message with a strong call to action. “Don’t waste this crash,” he urged, adding that this could be the opportunity of a lifetime for those willing to study, plan, and move forward. “The coming Great Depression will cause millions to be poor,” he warned, “but a few who take action may enjoy great wealth and freedom.”

Kiyosaki’s bottom line: the window for preparation is closing fast, and waiting could prove to be the most expensive decision of all.

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