Kiyosaki attributes the current downturn to decisions made during the 2008 financial crisis, citing actions by then-Fed Chairman Ben Bernanke, who he claims prioritized bonuses for bankers over economic stability.
Looking ahead, Kiyosaki predicts further economic challenges by 2025, with the car market, housing sector, retailers, and even wine sales facing significant declines. Highlighting global instability, he cautioned, “Making everything worse, the world is on the verge of war.”
He urged vigilance, advising followers to seize opportunities during turbulent times: “Please be smart, keep your eyes and ears open.”
Kiyosaki reiterated his advocacy for investing in tangible assets like gold, silver, and Bitcoin during economic downturns. He sees the recent dip in Bitcoin’s price as an ideal buying opportunity, stating: “Bitcoin crashing. Great news. I continue buying bitcoin because bitcoin crashing means bitcoin is on sale.”
Encouraging a long-term perspective, he advised investors to “Buy low… and HODL,” emphasizing Bitcoin’s scarcity and its potential as a hedge against economic turmoil.
Kiyosaki’s message underscores the importance of preparation and strategic investments amid uncertainty, reminding investors that downturns can create opportunities for growth.