Robert Kiyosaki Warns of ‘Biggest’ Market Crash, Calls ETFs ‘Fake’

Robert Kiyosaki Warns of ‘Biggest’ Market Crash, Calls ETFs ‘Fake’

The well-known author of Rich Dad Poor Dad, Robert Kiyosaki, has said that the stock market meltdown he foresaw in his 2014 book Rich Dad's Prophecy has finally happened. Kiyosaki berated contemporary retirement systems in a recent article on X, pointing out that he believes Defined Contribution (DC) pension plans—like 401(k)s and IRAs—are much riskier than classic Defined Benefit (DB) plans. “In a market crash… a DB pension plan must pay ...

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