Robert Kiyosaki "The Greatest Depression in World History Has Begun"

▲ Robert Kiyosaki "The Greatest Depression in World History Has Begun" /ChatGPT generated image ©

Tension is once again spreading across global financial markets as Robert Kiyosaki warns, "The greatest depression in world history has begun."

According to crypto news outlet Finbold on April 17 (local time), Robert Kiyosaki, author of 'Rich Dad Poor Dad,' recently claimed via social media that the economic crisis he has been warning about since 2002 is now becoming a reality. He characterized the current situation as "the beginning of the collapse of the 'everything bubble' where all assets are overvalued," emphasizing that it could lead to the world's largest economic downturn.

Kiyosaki specifically mentioned cracks throughout the global economy. He pointed out that economic shocks are already appearing in major cities such as Dubai, Las Vegas, Tokyo, and New York, and warned that social side effects, such as the spread of housing problems, could follow. However, he emphasized financial preparedness to investors, stating, "If you study and prepare, you don't have to be a victim."

This outlook is also intertwined with demographic changes. Kiyosaki's core argument in his 2002 book 'Rich Dad's Prophecy' was the massive sale of assets due to the retirement of the Baby Boomer generation. Indeed, as this generation enters retirement, there is a possibility that the trend of converting risky assets like stocks into cash will accelerate.

Investor Michael Burry, who predicted the 2008 financial crisis, also issued a similar warning. In a recent analysis, he pointed out that with the expansion of passive investing centered on index funds combined with an aging population, there is a high probability that outflows will exceed inflows starting around 2028. This is considered a structural risk that could lead to downward price pressure across the market.

Furthermore, the burden on the social security system is identified as a variable. As of 2026, the U.S. social security system faces financial pressure, and there is a possibility that payments could be reduced to 70-80% of current levels to address this. In such a scenario, individual investors might have to sell additional assets to secure living expenses.

Ultimately, Kiyosaki's warning is interpreted not merely as a market forecast, but as an indication of a structural crisis involving demographic structure, investment methods, and the social security system. The media analyzed that asset market volatility is likely to increase in the coming years, and investors' response strategies will become even more crucial.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*