Robert Kiyosaki, the author of "Rich Dad Poor Dad," recently posted on social media that the global economic crisis is no longer a future threat, but a real problem. He pointed out that the largest stock market crash in history has already begun, and an economic recession has arrived, which may even further evolve into an economic depression.
Kiyosaki stated that the baby boomer generation (born between 1946 and 1964) is facing a time constraint. He pointed out that as this generation no longer has enough time for long-term investment, they should no longer rely on traditional investment methods such as stocks, bonds, etc. He suggested that in the face of the upcoming economic collapse, investors should turn to non Wall Street assets, especially gold, silver, and Bitcoin.
In addition, with the collapse of financial markets, paper currency will rapidly depreciate, while gold, silver, and Bitcoin will become true wealth preservation tools. Kiyosaki warns that the Federal Reserve and the Treasury may take large-scale printing measures, further exacerbating the depreciation of fiat currencies, making it particularly important to shift towards these 'hard assets'.
