- Robert Kiyosaki He further exaggerated the situation by describing the coming crisis, comparable to the Great Depression.
- In his opinion, in such difficult conditions one cannot count on a decent pension.
- The solution is to buy cryptocurrencies. Bitcoin и эфириум and commodities gold and silver.
After saying in late April that the “coming crisis” could be a new Great Depression, the author of the best-selling personal finance book “Rich Dad Poor Dad” Robert Kiyosaki gave a couple of tips about how to get rich despite the current circumstances.
He noted that “the brain between your ears is your best gift from God,” but avoiding ruin in a complex global economy is not necessarily that difficult.
Kiyosaki wrote that his main recommendation to potential investors has remained the same over the years: investing in the two leading cryptocurrencies. Bitcoin (BTC) and эфириум (ETH) and the two leading commodities gold and silver are the best “foundation for your financial future.”
The American entrepreneur added that relying on traditional social security systems like pensions is impractical. His two books, “Retire Young, Retire Rich” and “Who Stole My Pension?”, predicted the “coming baby boomer pension disaster” back in 1974.
He believes that the widespread practice of long-term investing among the large baby boomer generation has led to an irrational increase in the stock market.
Indeed, various passive investment vehicles, including index funds, have created dangerous conditions that will trigger an unprecedented collapse once selling becomes more common than buying to fund retirement.
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