US Debt Burden Makes Me ‘Hardcore on Hard Assets’, Says Rich Dad’s Robert Kiyosaki

Financial Sense, Released on 8/21/23 (Recorded on 8/18/23)

Financial Sense Newshour is joined by the visionary author of “Rich Dad, Poor Dad”, Robert Kiyosaki, who discusses the rapid rise in US debt and how this relates to the growing desire of many nations, including the BRICS, to trade in currencies outside of the US dollar. Kiyosaki explains what he is doing as an investor in light of long-term, structural trends and advocates for the safe haven value of investing in commodities like gold, silver, timber, and real estate for the long haul. He discusses the substantial increase in value gold has seen over the last two decades and underscores the urgency of investing in such tangible assets given that the most likely path forward will be for the US to continue printing money to pay off its quickly rising debts.

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 Capitalist Manifesto.

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