‘The price is hard to swallow’: Robert Kiyosaki cringes as he pays $14 for an egg salad sandwich, warns of ‘everything bubble’ and ‘major stock market crash.’ What he likes for protection

Nov 02, 2024

Article from Moneywise by Jing Pan

Article Synopsis

Robert Kiyosaki, author of Rich Dad, Poor Dad, warns of a looming economic crash he calls “The Everything Crash.” While inflation has slowed, high prices persist, underscored by his $14 egg salad sandwich in Hawaii. Kiyosaki believes excessive money printing has inflated asset prices, creating an unsustainable “Everything Bubble.”

Kiyosaki advises investors to prepare for the crash by holding assets like gold, silver, and Bitcoin, which he expects to rise significantly. Kiyosaki points to Warren Buffett’s recent cash holdings as further evidence that savvy investors are bracing for a downturn.

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