New York | October 12, 2025 — Best-selling author and investor Robert Kiyosaki, known for his personal finance classic Rich Dad, Poor Dad, has issued a stark warning of what he calls “the biggest crash in world history”, predicting that it will happen this year.
In a post on X (formerly Twitter), Kiyosaki reiterated his long-held belief that global financial systems built on “printed money” are unsustainable.
“REMINDER: I predicted the biggest crash in world history was coming in my book Rich Dad’s Prophecy. That crash will happen this year. Baby Boom retirements are going to be wiped out. Many boomers will be homeless or living in their kids’ basements. Sad,” he wrote.
‘Savers Are Losers’: Kiyosaki Urges Shift to Real Assets
Kiyosaki repeated his warning against holding cash or traditional savings, urging people instead to “invest in real assets.”
“For years I have been saying: ‘Savers are losers.’ Inflation turns savers’ cash into trash,” he said, advising followers to protect themselves from currency depreciation by owning tangible and digital stores of value.
He specifically endorsed gold, silver, Bitcoin, and Ethereum, noting that silver and Ethereum currently offer strong potential due to their industrial and technological utility as well as relatively low prices.
“Please study the pros and cons of silver and Ethereum — from both haters and lovers — and invest using your own financial wisdom,” he advised, emphasizing that self-education is key to building financial intelligence.
Crypto Markets Reel Amid US-China Trade Tensions
Kiyosaki’s comments came amid heightened volatility in global markets following US President Donald Trump’s decision to impose 100% tariffs on “any and all critical software” imported from China.
The move triggered a steep sell-off across major cryptocurrencies. According to Bloomberg, more than $19 billion in leveraged positions were wiped out within 24 hours of the announcement.
- Bitcoin fell over 10%, briefly dropping below $110,000 before recovering to around $113,000.
- Ethereum slipped 11.2% to $3,878.
- Other tokens, including XRP, Doge, and ADA, lost between 19% and 27% during the same period.
The sharp decline came after Trump claimed Beijing had sent an “extremely hostile letter to the world” and announced sweeping export controls on most Chinese products, intensifying fears of a renewed US-China trade war.
A Familiar Warning
Robert Kiyosaki has long been a vocal critic of fiat currency and government-driven economic policies, often warning that excessive money printing and rising debt levels could trigger a global financial collapse.
His recent remarks appear to underscore his belief that investors should focus on assets with intrinsic or decentralized value, especially during periods of political and economic uncertainty.
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