Robert Kiyosaki is warning of an impending market crash and massive layoffs, and urging people to prepare rather than pretend.
What Happened: Last week, Kiyosaki took to X to express his concerns about the economic future. He predicted an acceleration in layoffs, with President Donald Trump set to eliminate 65,000 jobs. He also mentioned that oil companies and car manufacturers like Nissan and Volkswagen are laying off thousands of workers due to a contracting economy.
Kiyosaki, known for his financial literacy advocacy, further warned of a possible depression and war.
He emphasized the importance of preparation over pretense, advising his followers to stop listening to government officials promising a “soft landing”.
Why It Matters: Kiyosaki’s tweet comes at a time of economic uncertainty, with many industries facing layoffs due to the contracting economy.
His warning about a potential market crash and depression resonates with many who are concerned about the future.
His advice to prepare rather than pretend underscores the seriousness of the situation and his belief in the importance of financial education and preparedness.
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