Robert Kiyosaki, author of the best-selling personal finance classic Rich Dad Poor Dad, has issued a fresh warning about the state of the global economy, highlighting growing fears and the potential onset of a new Great Depression. His book has remained a perennial bestseller, translated into dozens of languages, and has inspired millions worldwide to think differently about money, assets, and financial education.

Kiyosaki shared on social media platform X on April 30: “Fear of unemployment spreads like a virus across the world. Obviously, this fear is not good for the global economy.” He went on to connect today’s economic unease to the predictions made in his 2004 book Rich Dad’s Prophecy:

As warned in an earlier book, Rich Dad’s Prophecy, the biggest market crash, a crash that is leading to the recession we are in, and possible New Great Depression, may be upon our world today.

The author expressed a desire to be mistaken about the crisis, stating: “I hope my book and I are wrong.” But if his forecasts are correct, Kiyosaki urges followers to see the potential opportunity in turmoil: “If I was prescient, and the global economy crashes, just remember crashes—for those who are prepared, not panicked—can be the opportunity of a life time.” He further shared:

The 2008 GFC was that lifetime opportunity for me and many of my friends. Always remember, market crashes mean ‘real assets go on sale.’ If, for example, bitcoin were to crash back to $300 a coin, would you cry or celebrate?

He concludes with a reminder of why he penned Rich Dad’s Prophecy in the first place: “I wanted you to be prepared for the global panic… that is beginning… now.”

The acclaimed author has long advocated for preparation over fear, urging people to acquire real assets like gold, silver, and bitcoin. A vocal critic of fiat currencies and central bank policies, Kiyosaki believes the U.S. dollar is being devalued and the economy manipulated. He sees bitcoin as “the people’s money” and a hedge against a collapsing financial system. His message remains clear: be ready, not afraid, when the crash comes.

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