The "Rich Dad Poor Dad" author said on X early Tuesday that the "biggest crash in history has started," pointing to turbulence in Europe and Japan as the opening act of a global downturn he says he predicted more than two decades ago. Kiyosaki tied his warning to his 2002 book, "Rich Dad's Prophecy," which he said was written to help people "profit and not be victims" of a massive stock and bond market collapse. He argues that the crash is now unfolding in 2026, driven by a mix of AI mania, geopolitical tensions including the war in Iran, excessive debt levels, and the retirement of the Baby Boom generation.
"In 2026, that crash started, in Europe and Japan and is spreading across the world. It's caused by many factors, the AI frenzy, war in Iran, too much debt, and a retiring Baby Boom generation," he wrote on X. For investors with 401(k)s, IRAs, or similar retirement accounts, especially those over 40, the message is stark: you may be in trouble unless you act.
Related: If you invested $1,000 in gold & Bitcoin 10 years ago, here's how much money you'd have today Kiyosaki drew a parallel to the Great Depression, which he said lasted 25 years from 1929 to 1954, noting that prepared families like the Kennedys used the period to grow wealth while others suffered. Kiyosaki has long urged followers to move beyond cash and paper assets. His current playbook remains consistent: personal businesses, income-producing real estate, oil-producing wells, and hard assets like gold, silver, and Bitcoin.
He expects central banks to respond with more "fake money printing," which in his view makes holding cash a losing strategy. This aligns with his recent messaging on quantitative easing. In a post last month, Kiyosaki warned that new rounds of QE would reignite inflation and erode the dollar's purchasing power, making savers "the biggest losers." He pointed to the Dollar Index (DXY) as a key signal: when it falls, every dollar saved buys less.
Kiyosaki's core thesis is simple: own assets that rise when the dollar falls. He names four, gold, silver, Bitcoin, and select real estate, as rational hedges against a monetary system that punishes passive savers. "Facts are educated investors who invest in assets that go up in value, such as gold, silver, Bitcoin, some real estate, get richer, while people who are financially uneducated, and invest in fake assets get poorer," he wrote in his earlier post.
Even as Bitcoin trades well below its all-time high, he treats it as a structural hedge, not a short-term trade. His sharpest line, though, is about education. "Your greatest expense is not the time and money spent on your financial education." For Kiyosaki, the crash isn't just a warning, it's an opportunity for those willing to learn and act.
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