Author of 'Rich Dad Poor Dad' warns: 'Historical economic depression - prices will skyrocket'

Investment guru and author of the bestseller 'Rich Dad Poor Dad', Robert Kiyosaki, is back to warn of a global financial collapse. According to him, the year 2026 will mark the bursting of the 'everything bubble', which will bring with it what he defines as 'the greatest economic depression in world history'. Kiyosaki warns of the 'baby boomer retirement disaster', in which millions of people will be left without work, face financial distress, and an increase in the number of homeless people.

Despite the gloomy forecast, Kiyosaki emphasizes that the public does not have to be a victim, and that even when the economy is facing a collapse, people can still position themselves as 'financial winners'. As part of his emergency plan, he recommends stocking up on gold, silver, Bitcoin, and Ethereum, and predicts that once the bubble bursts, these assets will 'skyrocket'.

He explains his fondness for precious metals by stating that he does not buy gold out of an affection for the metal, 'but because he does not trust the Federal Reserve' and central banks that cannot print gold and silver at will. At the same time, he identifies Bitcoin as 'digital gold' that exists outside the banking system, and continues to recommend purchasing income-generating real estate using 'good debt' to create a monthly cash flow that will provide full protection during a recession.