In making such a grim forecast, the author of the book "Rich Dad Poor Dad" reflects on past predictions from his 2014 book "Rich Dad's Prophecy," in which he warned of the largest stock market crash in human history.
In this context, Kiyosaki asserts that his economic forecast for 2025 regarding crisis phenomena in the market remains accurate, as current financial conditions indicate that it will come to fruition.
“In 2014, I published 'Rich Dad's Prophecy,' in which I predicted the largest stock market crash in history. Unfortunately, this 'prophecy' is coming true in 2025. Markets are falling, and I am concerned that the world may enter another 'Great Depression,'” he stated.
Kiyosaki claims that the impending economic downturn will lead to the elimination of millions of jobs even before stock prices drop, which will be accompanied by widespread loss of homeownership.
While he believes his prediction is coming true, the investor hopes he is mistaken but still anticipates economic chaos in the near future.
Interestingly, Kiyosaki stated that such a downturn would provide an opportunity for prepared individuals to become wealthy. In this regard, he encourages continued investment in gold, silver, and Bitcoin (BTC) as a means of protection against economic turmoil.