"Skip A Meal, Buy Silver": Rich Dad, Poor Dad Author Urges As War Fears Rise Financial author Robert Kiyosaki has issued a dire warning about an impending major stock market crash, urging individuals to start investing in silver despite the cost. In a recent post on the social media platform X, Kiyosaki, the author of the best-selling book Rich Dad, Poor Dad, claimed that the financial issues responsible for the 2008 Global Financial Crisis were never fully resolved. He warned that the next collapse could be even more severe, potentially driven by instability in the private credit market linked to investment giant BlackRock. Kiyosaki reiterated his long-standing prediction that the biggest stock market crash in history is still on the horizon, emphasizing that the 2026 timeframe is now approaching. He referenced his earlier warning from 2013, when he forecasted the collapse of Lehman Brothers during an appearance on The Situation Room with Wolf Blitzer, shortly before the bank’s failure in 2008. According to him, the root causes of the 2008 crisis—excessive global debt and systemic financial vulnerabilities—remain unresolved, creating a recipe for a far larger economic downturn. The author argued that current global debt levels are unsustainable and could lead to catastrophic consequences if markets collapse. He warned that many baby boomers risk losing their retirement savings, as the value of stocks and other traditional investments could plummet. To mitigate this risk, Kiyosaki advised people to take proactive steps, such as investing in assets like gold, silver, Bitcoin, Ethereum, and oil. However, he placed particular emphasis on silver, calling it a more affordable and practical option for small investors.#blackrock #robert_kiyosaki #wolf_blitzer #lehmans_brothers #rich_dad_poor_dad
