Rich Dad Poor Dad author Robert Kiyosaki warned in a July 22 post on X that the 'global economy is crashing' and could financially wipe out many people, characterizing the U.S. economy as 'bankrupt.' The financial author cited surging federal debt—from roughly $9.5 trillion before the 2008 crisis to nearly $39 trillion today—and claimed the government is adding approximately $1 trillion every 90 days. Kiyosaki's warning reflects his personal assessment of fiscal pressures linked to government borrowing, geopolitical competition with China, and AI-driven job disruption.
Kiyosaki Cites U.S. Debt Growth and Economic Turbulence
In his July 22 post on X, Kiyosaki stated: 'Global economy is crashing ... These are chaotic times in world history.' He cautioned followers: 'Please remember in every crash many people are wiped out and a few people get richer.' The author maintained that people still have time to adjust their finances, although he portrayed the consequences of another major downturn as highly uneven.
Another post centered on the rapid growth of U.S. government debt, which Kiyosaki compared with borrowing levels before the 2008 global financial crisis. He placed federal debt at roughly $9.5 trillion before that downturn and nearly $39 trillion today, while claiming the government is adding approximately $1 trillion every 90 days. Using those figures, Kiyosaki argued that continued borrowing and money creation threaten the purchasing power of traditional cash savings.
Expanding on those concerns in a July 19 post, Kiyosaki connected monetary turbulence with China's rise, U.S. fiscal weakness, and artificial intelligence-driven job losses. He said: 'We are entering one of the most turbulent times in money history, especially with the rise of China, a bankrupt US economy, and AI causing mass lay offs.' His description of the United States as 'bankrupt' reflects his personal assessment rather than a formal legal or economic designation.
Pointing to his earlier book, Rich Dad's Prophecy, Kiyosaki contended that readers who followed its guidance entered today's uncertainty in a stronger financial position. He characterized the current environment as unusually dangerous, urging followers to rethink how they save and invest as economic risks continue to build.
Kiyosaki Discloses Gold, Silver, Bitcoin, and Ethereum Holdings
Instead of relying on conventional cash savings, Kiyosaki continues to favor assets he believes are better suited to preserving purchasing power during periods of monetary instability. The investor disclosed that he has accumulated silver since 1965, gold since 1971, bitcoin since 2012, and ethereum since 2022 as part of that long-term strategy.
Describing how he safeguards his precious metals, Kiyosaki shared on July 25: 'My gold and silver are saved in Swiss vaults outside of Switzerland because the US has been known to make owing gold illegal and confiscating it from private citizens.' Although gold, silver, bitcoin, and ethereum remain volatile assets, Kiyosaki continues to present them as his preferred hedge against the financial turmoil he expects to intensify.
FAQ
What did Robert Kiyosaki warn about the global economy on July 22?
Robert Kiyosaki warned in a July 22 post on X that the 'global economy is crashing' and could financially wipe out many people. He characterized the U.S. economy as 'bankrupt' and cited surging federal debt—from roughly $9.5 trillion before the 2008 crisis to nearly $39 trillion today—while claiming the government is adding approximately $1 trillion every 90 days.
What assets does Robert Kiyosaki hold as part of his investment strategy?
Kiyosaki disclosed that he has accumulated silver since 1965, gold since 1971, bitcoin since 2012, and ethereum since 2022. He shared on July 25 that his gold and silver are stored in Swiss vaults outside of Switzerland, citing concerns about historical U.S. gold confiscation from private citizens.
