'Rich Dad Poor Dad' author predicts 'biggest crash in history', says he's buying Bitcoin

On March 11, Kiyosaki posted on X, "THE EVERYTHING BUBBLE is bursting. I am afraid this crash may be the biggest in history."

"THE EVERYTHING BUBBLE is bursting. I am afraid this crash may be the biggest in history. It’s bigger than the 1929 Crssh... a crash that led to the Great Depression. We may see major economies like Germany, Japan and the U.S. crash and go bankrupt, and the World Bank and IMF may also collapse, " Kiyosaki said.

However, there is no need to panic, according to Kiyosaki, who advises patience and watchfulness, which will pay dividends as such downturns often present unique opportunities to invest.

"In 2008, I waited…letting the panic and dust settle and then started to look for great real assets on sale... at Deep discounts," he said.

He intends to continue to accumulate real estate, gold, silver, and Bitcoin during this period as he considers these assets as hedges against the expected market crash.

Meanwhile, a historical review of Kiyosaki's market forecasts reveals serious doubt. One such image circulating widely on social media provides a timeline of his crash warnings over the last ten years, overlaid on the climbing chart of the S&P 500 Index.

He claimed that the financial system would break down, the property market would crash, and the stock market would crash as early as 2011. He said he has been predicting a market crash since 2002, and in 2020, he stated, "Everything is crashing."