Asset Prices, Debt, and a Liquidity Crisis – Robert Kiyosaki, Richard Duncan

Rich Dad Radio Show, Released on 8/23/23

In this podcast episode, Robert Kiyosaki, Kim Kiyosaki, and guest Richard Duncan discuss various economic topics. They delve into the current state of the global economy, highlighting the impact of the COVID pandemic on government debt and inflation. They also touch on the student loan debt crisis in America and the lack of financial education in schools. The conversation expands to include discussions on investing in stocks, the China-Taiwan relationship, the economic outlook of BRICS nations, and the potential of artificial intelligence. The episode concludes with a focus on the importance of financial education and being prepared for economic changes.

Richard Duncan is an author & economist who has worked as an equities analyst in Hong Kong, served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in Thailand during the Asia Crisis. He is now chief economist at Blackhorse Asset Management in Singapore. Richard Duncan is the author of three books on the global economic crisis, the most latest being The New Depression: The Breakdown of the Paper Money Economy

Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List’s Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW® board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad’s Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, “Your home is not an investment,” years before the Panic of 2008. His latest book is Who Stole My Pension? How You Can Stop the Looting.

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