After the collapse of Silicon Valley Bank and the last minute buyout of Credit Suisse by UBS, it seems contagion is in the air and we might just be teetering on the verge of another banking crisis. One thing’s for sure, it’s a pretty chaotic time for the global economy and today’s guest believes the bond market is crashing and inflation is now systemic. Could the house of cards come crashing down?
It can be hard to know what to do, whether your money is safe and more importantly where to invest. At times like these, I always call on my very good friend, and legendary financial guru, Robert Kiyosaki. Robert shoots straight from the hip and while the truth can often be a bitter pill to swallow, following Robert’s advice will help keep your hard earned money safe and more importantly productive.
Robert is someone you can always rely on for sound logic and invaluable insight. As an entrepreneur, investor, motivational speaker, and financial expert, Robert has spent his career helping people understand how money works, and how it can work for you.
Robert is of course the author of the globally renowned bestseller ‘Rich Dad, Poor Dad’ – ranked the number one personal finance book of all time. The book was so successful it was translated into 51 languages and has sold over 41 million copies worldwide.
Robert has written a further 25 books that have offered people young and old the kind of financial advice that turns traditional economic insight on its head. He most recently penned, The Capitalist Manifesto: How Entrepreneurs Can Save Capitalism, which dives headfirst into so many of the issues that are woven within the fabric of society.
Robert believes vehemently that the communist ideals taught in our schools have a lot to answer for and suggests it’s time to fight back and ensure the right kind of information and ideas are percolating in our education systems.
Robert has spent much of his adult life breaking rank and challenging the mainstream way of thinking. Failure is part and parcel of success and this is something we’re not trained for in the traditional school system. Robert was a US Marine Pilot who fought in the Vietnam War and since those fateful times he has consistently challenged the status quo.
He has even written two books with his good friend Donald Trump and as the election race in the US starts to heat up, it’ll be fascinating to hear how Robert sees that playing out. Robert thinks Biden is the worst leader in US history and unfolding events will do little to quell that belief.
Underlying Robert’s work has always been the theme that the rich get richer and the poor, well, they just get poorer, work harder and stay exactly where they are.
“The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.”
Robert believes we’re in some seriously troubling times, and quite simply put, he doesn’t trust the government, he doesn’t trust the Fed, he doesn’t trust the banks, and he certainly doesn’t trust Wall Street. Buying gold, silver and Bitcoin are the answer, as Robert points out, “if they can print it, I don’t want it!”.
“Inflation is now systemic. You will pay more next year and the year after. When that guy Powell, said inflation is transitory, he was lying through his teeth.”
I always enjoy talking to Robert and I know all of you get so much out of these conversations, so set a reminder and make sure to tune in, because I can’t stress how important some of this information is. And remember as Robert always likes to say,
“The primary difference between a rich person and poor person is how they manage fear.”
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- Communism is an economic religion
- Karl Marx’s prophecy about the end of US capitalism
- Academics have made the US communist
- Arresting Donald Trump will make him President
- When the government runs a public institution, that’s fascism
- Joe Biden is crushing the middle class
- French rioting today is the US in 2 years
- They’ll create starvation, then inflation, then anarchy
- Practice to prepare
- Do you speak the language of money?
- Capitalism teaches people to fish, Marxism teaches people to steal fish from those who fish