Robert Kiyosaki Warns: Credit Downgrade Could Spark 1929-Style Crisis – Protect Your Wealth With Gold, Silver, and Bitcoin

Robert Kiyosaki, author of the popular book Rich Dad Poor Dad, has issued a dire warning on social media platform X after Moody’s downgraded the US sovereign debt. According to him, the move is not only a sign of declining financial credibility, but could also be the start of a full-blown 1929-style economic recession.

“Moody’s downgrade will mean higher interest rates, a slowing economy, rising unemployment, and the risk of collapse in key sectors such as the bond market, real estate, and a weak banking system,” Kiyosaki shared. He emphasized that all of these factors are creating a “red flag” that a crisis is coming.

Debt Crisis and Systemic Collapse
Citing economist Jim Rickards, Kiyosaki noted that the $1.6 trillion student debt bomb could be the catalyst for a wave of financial collapse. He said the warnings he made in his 2012 book Rich Dad’s Prophecy are coming true.

“The crash I predicted has begun,” Kiyosaki declared.

Real Assets as a Defense
Amid volatile markets and the growing threat of a financial crisis, Kiyosaki reiterated his long-standing view that paper assets and traditional investment vehicles like ETFs are not safe havens. Instead, he urged the public to invest in real assets with long-term value – physical gold, silver, and Bitcoin.

“I recommend saving real gold, silver, and bitcoin. Not ETFs. Save yourself and your family with hard assets,” he wrote on X.

He also stressed the importance of weaning yourself off the US dollar and government-controlled pension plans. Financial independence, he said, can only be achieved through entrepreneurship, financial literacy, and holding assets with real value.

A final warning: Act before it’s too late

“Please be careful,” Kiyosaki stressed. “The world is changing rapidly. Protecting your assets and your financial future cannot be delayed. The time to act is now.”

With the global financial system facing major uncertainties, the warning from one of the world’s most renowned financial educators is a stark reminder for investors: Prepare for the worst, and act with understanding.