Rich Dad Poor Dad Author Robert Kiyosaki Warns of Historic Global Market Crash
· Business · Economic Times, Bloomberg
Rich Dad Poor Dad author Robert Kiyosaki has warned of what he describes as the biggest stock and bond market crash in history. He claimed that the downturn has already begun in Europe and Japan in 2026 and is spreading globally. Kiyosaki attributed the ongoing market stress to factors including artificial intelligence speculation, the war in Iran, rising debt levels, and the retirement of the Baby Boomer generation. He specifically cautioned individuals holding retirement savings accounts such as 401(k)s, IRAs, Superannuation, and RRSPs, advising that those over 40 years old may face significant financial trouble. The author stated that he had anticipated these developments over two decades ago in his 2002 book Rich Dad's Prophecy.
Why it matters
Retirement savings holders, particularly those over 40 with accounts like 401(k)s and IRAs, face potential vulnerability amid growing stock and bond market volatility.
Read the original report — Economic Times
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