In mild of President Donald Trump’s sweeping tariffs and the uncertainty surrounding them, many consultants are warning that America could also be headed for a recession. However in response to Wealthy Dad Poor Dad creator Robert Kiyosaki, one thing far worse is looming.
“In 2025 bank card debt is in any respect time highs. U.S. debt is in any respect time highs. Unemployment is rising. 401(k)’s are shedding,” he wrote in an X put up on April 18. “U.S.A. could also be heading for a GREATER DEPRESSION.”
In response to the Federal Reserve Financial institution of New York, People now owe a record $1.21 trillion on their bank cards. The U.S. Nationwide debt has climbed to $36.22 trillion. In the meantime, the unemployment fee ticked up to 4.2% in March, and retirees are watching their 401(ok)s shrink amid ongoing market volatility.
The Nice Despair of the Thirties was the worst financial disaster in fashionable historical past — marked by mass unemployment, widespread poverty and a collapse in client and enterprise confidence. However by calling the subsequent downturn a “Better Despair,” Kiyosaki suggests it could possibly be much more devastating.
As he put it, “This coming Nice Despair will trigger tens of millions to be poor … and some who take motion, might take pleasure in nice wealth and freedom.”
So, what sort of motion is he recommending?
“For many who take motion right this moment, when the crash crashes, those that put money into only one Bitcoin, or some gold, or silver … You could come by means of this disaster a really wealthy individual,” Kiyosaki wrote.
That recommendation ought to come as no shock — Kiyosaki has lengthy been a vocal proponent of those various property, which he backed by making a daring prediction.
“I strongly consider, by 2035, that one Bitcoin will likely be over $1 million. Gold will likely be $30K and silver $3,000 a coin,” he wrote.
Let’s take a more in-depth take a look at the property he’s championing.
Kiyosaki’s endorsement of gold and silver is nothing new — he’s been advocating for treasured metals for many years.
Again in October 2023, he wrote on X: “Gold will quickly break by means of $2,100 after which take off. You’ll want you had purchased gold under $2,000. Subsequent cease, gold $3,700.”
Gold costs surged in 2024 and have continued to climb by means of 2025, now buying and selling round $3,300 per ounce.
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