Robert Kiyosaki: What's Coming Is WORSE Than a Recession...

adversity makes you smarter the adversity makes you a better leader it's probably the most important thing because we're going into some very very adverse times I do this because it's proof I said it if you know what I mean because everybody now is a prophet the biggest stock market crash in history is still coming and I I'm going to change the title to is here this is the biggest crash we'll ever ever see in our lifetimes it's called the everything bubble everything's going to come down and that's how you can prepare for it so for

most people that's bad news but as I was saying last night crashes everything goes on sale and you can't get rich at that time you know like right now I'm in Hog's Heaven cuz sax is always having sales I'm in their shopping but the most important thing this country and the world needs as you know Europe's in trouble they don't think the EU is going to make it China's in trouble Japan's and Syria's trouble the world's in trouble is in trouble because of lack of leadership and as President John Kennedy said leadership and learning go

hand inand basically I'm here to serve those who serve we need more leaders ladies and gentlemen but this country solely lacks leaders I'm not Republican or Democrat but I just can't believe what's going on in our government I mean how can they open the borders how can they cut off the Keystone XL pipeline how can this guy blame Russia president blame Ukraine and Russia for our problems we have food shortages so so we need leaders this is the time for you to become bigger leaders because I think people are kind of waking up that maybe

it's our leadership that's the problem there's a guy named Jordan Peterson who said um if you think tough men are bad just see the damage or weak leader can do we've had weak leaders all over the world right now so how bad do you think market crash is going to be how bad how ugly can it get the worst case which I hope I'm wrong be civil war inside America that's more than a crash it's a civil war we need new leaders immediately so the worst it could get is Civil War I think the best

we can express is probably a depression we're already going into it as I said last night you know what we do we print money to solve our problems and all that does is increase debt and creates more freeloaders social welfare I'm not against social welfare but don't print money to pay for at the same time our debt escalates our debt to GDP right now is 120% at 90% debt the GDP were bankrupt that means every dollar we spend we go deeper in debt right now so our debt is now in the trillions I don't know

how many trillions of I've heard it's 260 trillion I don't know how they measure it anymore at the same time they raise interest rates into a recession this has never been done before so that's why I'm saying there's somebody intentionally doing something to bring America down and the world down and there's a video of trump speaking to I think the United Nations or something and he's telling the German contingency back in 2018 he says don't trust the Russians don't depend upon the Russians and now Russia can cut off their power so there's something really goofy

going I'm I'm not privileged to find out about it I just want to put some fear into you because the more dangerous the mission the better you've got to be I talked about last night how you know when I Was preparing to go to Vietnam was a marine helicopter Gunship pilot our life expectancy was 30 days 30 days now most people say that's not good I said well it inspired me to become a better pilot how does a person who has zero influence over the market no control over interest rates at this phase of their

life how do they properly make the Right Moves to still be effective whether the Market's going to go good bad or ugly stock markets when they crash go down in three phases boom boom boom phase one was bounced it was called a bare Market rally this baby is going down I hope because I'm going to get richer see the thing right now is if you're afraid it's because you got bad advice in your head you're operating on bad information from your mommy your daddy your college professor your school teacher whatever it is I get stimulated

thinking about a crash because I'll say it again the tougher it is the smarter you've got to be and then it's your skill set I'll tell you a quick story when I came back from Vietnam I said to my Rich Dad I said I want to be an entrepreneur like you he says well you got to take sales lessons two classes to take real estate courses which I did and you have to Le how to sell I said I don't want how to sell cuz my poor dad always says sells him a scum that was

my poor dad that's why he's a PhD poor helpless desperate he was a great father but he was poor man so finally I kept arguing with my Rich Dad said I don't want to learn how to sell and finally rich dad said to me says you know I'm 25 26 years old Prime of life you know Marine all this stuff he says how's your life Robert non-existent he says cuz you can't sell This Time It's Different this is the new economy we are just coming out of the longest Bull Run in history 11 years started

in 2011 and at 2011 I made the biggest fortunes of my life because that was the MBS mortgage back Securities and the CDO crashes the real estate crashed and I backed up the truck and I borrowed $300 million to buy the best real estate all across the Southwest this is the largest longest bull market in history I look at some of these young kids you know and I own some Bitcoin I own some ethereum but they're all saying the same thing this time it's different you know and Bitcoin is crashed and you know the Federal

Reserve Bank I can't believe that I mean people say don't fight the fed and all this well my question to everybody is this can the FED print oil can the FED print gas I mean gasoline can it print food but everybody sits there and they've been brainwashed by Wall Street to go do as the FED tells you to do well you got to be kidding me you got to be kidding me why would you listen to it vulker saying going to crush so he raise interest rates right so Powell is now channeling the spirit of

vulker and you know when vulker crushed inflation debt to GDP was 30% and today it's 125% if you believe the numbers so if he channels vulker and the other thing about history will tell you this there's never been a soft Landing more fed talk I've made more money in the last three years in my whole life and so that's what I want to talk about with you today is that there's other ways of looking at investing you know but to think that pow is going to save you when as you may know the reverse repo

Market is running at two trillion a day today two trillion a day and people are listening to PO you got to be kidding me I own no stock spons mutual funds ETFs I do not touch paper I'm not saying that you shouldn't but I say people have been brainwashed by the fed the treasury go to school get a job pay your taxes get a high paying job and invest on the long term in the well Diversified portfolio stocks bonds mutual funds ETFs it was in 1974 when I came back from Vietnam at 22 Marine helicopter

pilot I saw communism at work it was not pretty and I come back in 1974 they passed aressa aressa stands for 401k right now or IRA and I'm like oh my God they're funneling My Generation the Boomers into the stock market and they don't know anything about money and in 1974 the biggest Exodus was school teachers suddenly becoming financial planners I watched it in horror that's the poor leading the blind and today we have baby boomers we're hoping the stock market stays up in their 401K just as social security goes bust you think that's an

accident that's all I'm saying I'm just a marine I'm a dumbass Marine lieutenant flew the gunship with went down three times but today I listen to this and I go oh my God how can we be that stupid because they went to school we did as we're told don't fight the FED do as the FED tells you invest the launter well Diversified portfolio stock spots mutual funds ETFs and don't worry Powell is now channeling vulker when the debt to GDP is at 120% you got to be kidding me so when they were dropping the interest

rates I thought i' died and went to heaven because I buy apartment house I own 13,000 apartment hous every time the FED dropped the interest rates it jacked the value of my properties up but I also improveed the properties and I refinance out so today I own no money in any of my properties 13,000 units all throwing cash they said in a bull market even idiots feel smart I'm listening to all these idiots you know after 2011 you the market crashed in 08 because the repo Market went bad and the repo marketers the credit of

Leman brothers and bar turns was bad so they hammered be anyway it's a long story friends are all inside that world but then when it came back out they just started pumping money and what they did was they kept printing more money to save a bad economy it was already crashing again in 2011 but they kept printing money and today we're going to pay that price I used debt because debt is taxfree money what I did was I rehab my apartment 13,000 of them I just kept buying more with the cash flow and i' refinance

out as interest rates dropped so I'm in good shape now then I took them then I set all interest rates right now so I use debt and who's that guy who says live debt free well that's his opinion I don't do that I don't flip houses remember all those guys were flipping everybody flipped no they were stupid stupid when the moment you flip you have a tax consequence I never flip I finance out this tax-free money not only that is when I started investing I had to invest a 12% interest rate I like debt and

I like I don't pay taxes because every time I borrow more money to float my properties there's three types of tax payers I got appreciation depreciation amortization so I zero out so my cost of money is my tax on debt is zero and I use that to offset tax in my income when Biden took the eone XL Pipeline off my oil I was selling from the ground which is a tax break also went from $30 a barrel to $130 a barrel today like 120 oh my God this guy Biden is going to bankrupt this I'm

not saying him but there's somebody who wants to bankrupt because oil is a lifeblood civilization I worked for Standard Oil of California as a tanker officer when I graduated from school I understand oil I was on the Alaska pipeline and all this I went he's screwing us so when he raises inflation the poor and middle class will go broke and that was just done as soon as he he was being done before he took office and so I'm looking at this this guy's going to sell America down the drain I'm not saying it's him but

somebody wants us to go broke and I'm watching this going oh my God so what else can I so I have oil wells I get tax breaks for those well I don't invest in oil stocks I work for standard oil but I don't invest in standard oil I invest in the oil on the ground I'm a wildcat everybody says don't do it I don't recommend it but I like doing it gold mins don't do it I like doing it there's more opportunity today than ever before but not if you've been brainwashed into going to school

getting a job paying taxes live debt free and invest in the stock market this bubble right now is a bigger bubble than 2008 this is the everything bubble you know it's going to be not only stocks bonds but also credit I mean but it's more opportunity is going to come out of it and that's what I'm saying be careful who you listen to cuz your best asset but also your biggest liability are the ideas in your head and be careful who puts them there the Central Bank of the United States was founded in 1913 guess

what else was founded in 1913 tax department and so when you look at all this and then if you read Marx it says that a progressive income tax is necessary for the spread of Communism and then when they cut off the Keystone XL pipeline inflation went through the roof now the poor are already poor but when you raise inflation price of fuel the middle class got poor and now when I shop I look around and I go the retailers everything's on sale I can't help myself but I feel for the retailers right now cuz the

customers are going broke so is the intent evil I expected it was going to get bad you know most of my books I cannot say what I want to say I said this we're going to crash Big Time CU in 2008 damn right had crashed and we're still crashing today delos say we're now in a depression so that's why I speak what I said and so Freedom friend even I got censored there so what's happening to America so we're here with Mark Moss I mean he did a report on this guy named claw Schwab which

I've only heard rumors about so that's why this program is a very important show to find out what's going on since 1971 what's happened with income inequality the obesity rate the incarceration rate the divorce rate the you know medium income debt levels everything since 1971 why since 1971 it's the year we got off the gold standard so you could just it's 100 charts that show what WTF happened in 1931 and you can see it it's just like crazy and the reason why I start with TF is because when was the world economic Forum founded whole

world went off the rails in 1971 when you distort the money you get all types of distortion and one of those is seen wef it was in 1972 I realized what had happened I was flying in Vietnam and that's when I went on the gold standard and I bought my first little Krueger an in Hong Kong for about 50 bucks a lot of people might have heard of something like Davos where every year the world leader a lot of people call them the World Elite I don't like to use that word they're not Elite in

anything none of us would hire them in our business but the world leader the policy makers if you will the think tankers they get together every year in Davos and so you hear like the Davos man uh in reference or something what their policy is is this uh public private partnership it's politicians and business people getting together public and private getting together to set policy to get together every year in Davos Switzerland at the world economic forum and so it was founded by this guy CLA Schwab he's created this Think Tank bringing these people together

to try to figure out a better way a more Equitable way to run the world watch out anytime you see that world Equitable you know what they're talking about they're talking about Marxism and so what really what he's done is he's just taken the same ideas you said we haven't seen this before but of course we have it's the same idea is being rehashed and so it's just Marxism all over so they get the world leaders together the politicians the public and the private and they come together in what he's calling stakeholder capitalism stakeholder capitalism

so instead of uh we talked about last night at dinner how rothbard said that businesses should focus on profit he says no no business shouldn't focus on profit business should focus on the community ESG environmental social governance we should be Equitable and so um basically dist Ed all these things but they want to do it through power through control forcing people to comply instead of educating people and showing people better ways and so they've done it through the public private partnership so basically through the money so now if you don't fall in line with what

their policies are no money for you no investment for you right and if these big companies don't follow along with their policies and push these things down they don't get the funding and then they basically get pushed out and so for the last 12 years I've studied the macro I learned a concept called uh wealth transfers money doesn't disappear it transfers and so when I lost my wealth somebody else got that I didn't like that that's a very good point and it's happening today and so I realized there's certain times and conditions where these wealth

transfers happen and so I spent the last 12 years studying these wealth transfers to figure out how do I get on the receiving end instead of being on the receiving end of those things I reference quite often what Henry Kissinger said a warning to the world but I think it was more of a call to arms on their side so he said if you control the food you control the people if you control the energy you control the continent if you control the money you control the world let back up a lot of people don't

know who Kissinger was secretary of state right for Nixon yeah he open the door to China but also instrumental throughout Europe as well during that time of the you know coming out of the World War II kind of redrawing the world and setting peace and stuff like that um so he was very influential and he still is today like what are the attack vectors today so food we're running out of food the per the UN I think it's 868 million people could starve to death in the next 24 months well you look at what's happening

in Sri Lanka today yeah you know Miss rioting going on and all this because it's corruption basic corruption is what it is but they're starving yeah they're starving and the Ukraine is going to starve a lot of people they're starving and they have no energy so Sri Lanka had the best ESG score in the world 90 out of 100 they had put out an article two years ago said that by 2025 they were going to be one of the richest Nations they were going to be the poster child for ESG how environmentally sound you low

impact on environment your social score and then your governance do you have diversity on your board and all of these things they were going to be the post proclaimed that we will be the best by 2025 they said by 2025 we'll be one of the richest nations in the world based off of this sustainab I'm not part of the seems right now they're completely gone they defaulted on their bonds they got no money nobody will loan them any more money they don't have any money to import any energy so they have no and they're gone

it's important to understand too like where we're at in the world right with this peak centralization Central planning I like to say Central planning always fails and uh because they don't have enough data they know they don't have enough data you can't organize billions of people right but they're trying to and so Central planning World economic Forum World Health Organization World Trade Organization fou yeah World Meteorological association and then yeah the UN the IMF the bis Bank of international settlements nobody knows what the bis is and the B Central Bank Central Bank the Central Bank

of central banks exactly of the way I see the world on the org chart the bis sits at the top below the bis then you have some of these think tanks so the world economic Forum the club of Rome and so they're the policy made acers and then they push it down to the next row in the org chart to the policy enforcers which are the governments and so the governments sit a few levels down so it's really a coup of the bankers and they use this Banker the bis at the top to push these

ideas through the think tanks and then down to the poly enforcers and then we're down at the bottom of the subjects of all that right so CL is kind of running this um he's sitting on top of the world hobnobbing with all these people flying their private jets over to Davos telling us that we need to cut back on our energy I'm telling us that we need to eat the bugs this is on their website they're talking about why we should be eating bugs they more sustainable Nicole Kidman she made a commercial of her actually

eating bugs that's what they're putting on TV now the food is the first attack Vector so I was on Fox Business two weeks ago they asked me about an article the UN put out when the UN titled the article why it's good to be hungry why being hungry is good and they were saying we need people to be starving because there's all these jobs that have to be done that nobody would do unless they were starving who said that it was an article on the UN website wow like I said Fox had me on to

talk about it they took it down after half a day cuz the backlash was so insane but per the UN about 868 million people could starve to death the next 24 months almost a billion so Marxism whenever Marxism has been tried in Russia in the early 1900s about 25 million people starve to death in Ma's Great Leap Forward about 50 million people starve to death those were horrific 50 million people and they killed them too we're talking about almost a billion now and so at a time when we have almost a billion people that could

be starving to death shouldn't we be trying to get as much food as possible out we would try to do everything we can but in Holland they've gone and shut down the Farms they're trying to take over their land and they want to take over the farms and stop them from growing not just food but also raising cattle and meat it's massive protests are happening in Holland at a time where we need more food in the United States the farmers are being paid not to plant they're not allowed to plant on some of their land

and they went and they petitioned the secretary of agriculture and said hey let us plant we can get more food and they said no it's not in line with our agreement for the Paris Accord environmental thing which is the Environmental thing which is what president Trump had pulled us out of and then Biden's very first day in office the most important thing he had to do by executive order was put us back into the Paris Accord so we can't grow food in the United States because of you know climate change Holland can't grow food and

now the protests are happening all over the world and it's even bigger so like all throughout Europe there's an energy crisis going on everybody should know that by now and they don't have natural gas they're dependent on Russia for natural gas but we need natural gas in Europe to make fertilizer and we need fertilizer to grow food we also need natural gas to process food one of the three things that K Serv say food and then the next one is the energy and the next one is and then the money right and that's what reers

is talking about cbdc Central Bank digital Curren for the greater good I mean Putin is saying that Americans must sacrifice and must suffer because we have to defeat Russia it's for the greater good and but the Achilles heal is that third one which is the money supp M and that's the big one in the Communist Manifesto he had 10 points number five was the creation of a central bank right so central banks are part of Marxism of course that's the whole goal the central bank is communism Central controlled economy American system not Americans but most

people are completely uninform when communism was defeated in the 70s and really started in about the 60s it kind of went underground and it came into the universities in the United States and so they've done a really good job playing this long game and they started with changing the college age kids viewpoints on these things who have now moved into media who have now moved into government who have now mov back this goes back to what the' 60s the 60s yeah cuz in the 60s I remember Columbia first time rioting I'm going why are they

rioting you know what I mean but it was in the' 60s it was against a Vietnam War and then when I came back from Vietnam I get hit with eggs and spit on and called baby killer it was college kids it's not improved now we have Tik Tok and Tik Tok is scrambling it's turning their brains into scrambled eggs it is it's bad and it's a Chinese organization the one thing that we have to our advantage is their ideas don't work left to their own they F that's a very good point so n says that

which is falling shall ye also push so it's already falling the system's crumbling the financial system is done like the EU is on the verge of breaking up the bond problem that they have is one that they probably can't solve over there the pigs Nations down below they're done Germany has lost its position the energy is too high so the EU is on the verge of bring the pigs the Portugal Italy Greece Spain so the southern nations in the European Union you know Italy and Greece have to constantly be bailed out they don't have any

production Germany has been the production engine of Europe but now they've become a net importer because of the the energy prices have gone so high that they can't afford to produce anymore they have to import their energy but why do they have to import their energy well they shut all their nuclear reactors off well over the last decade they've been shutting them down and so their energy prices have gone up by eight times when next door of France they still have cheap power cuz they still have nuclear so in Europe they have massive amounts of

Shell gas like we do in the United States but they don't want to get it out humans can take a lot of abuse from governments but when you can't eat or feed your family that's when it's like game on right nine meals to Anarchy they say you don't eat for nine meals it's on right what three for me what they've been doing is they've been taking to the streets sort of like we saw in Canada with the truckers but now it's the farmers with their tractors and they're taking these tractors and they're making the Canadian

truckers look like child play I mean they are out in serious droves some of the farmers got arrested the farmers went to the police station surrounded them and made them release the farmers they've been filling up the city with manure they blocked the airports the fishermen have gotten involved now the fishermen are blocking the ports I even saw the farmers broke into the military base and started dragging Jets out of the military and putting them on the roads to block good for them but now it's spread to Poland it's spread to Germany all the farmers

are uniting in protest so it's backing up it's like the drain got clogged and now it's backing up on CLA Schwab and buddies yeah and so now they're like well if we can't grow food then no food so you get no food then and uh the shelves are bare I personally believe we're at a war right now without freedom of of payments without freedom of money there is no Freedom at all so we're guaranteed to freedom of speech but if I don't have money to buy a phone or go on the Internet or print a

pamphlet or build a website I have no freedom of speech and if I have freedom of assembly but I can't pay to put gas in my truck to drive to the assembly I have no freedom of assembly either it means what it sounds like so you'll owe nothing to be happy so what they think what Marxism thinks is that um if we could take away your private property you could just have everything like live in a commune like communism and we could take away human desire to strive and to have more because that's what poisons

us this capitalist system that makes me want to work and achieve more and have more right human nature if we can take that away people would be happy cuz right now we're unhappy because we don't have what we want we're always striving we always have to work harder and so if we can take that away but that's what they think so you'll own nothing and you'll be happy because you won't need to strive you won't see anybody else having something that you don't have and they think there's this Utopia but they don't understand there's human

nature to your point I'm asking you is it intent or is it a mistake the real struggle the real access of struggle is between the individual and the collectivist it keeps trying to pull them into these groups and take away their individual identity command and control is is communism it's called free market capitalism but more important is we're fighting for our freedoms like I'm afraid to speak up now you remember during Co they were censoring doctors you couldn't say anything it's tragic what's happening so we fight for our freedoms more than anything else not for

capitalism you want to be a Marxist be a Marxist you want to be a have a good life who you sleep with none of my business but don't take my freedom away so this is the diagram a simple sketch of the cash flow quadrant so when I was a young boy my rich dad would just show this here e stands for employee s stands for self-employed small business or specialist like a doctor a lawyer computer programmer and S can do their job on their own that's the difference if you can do your job on your

own you're an S if you need a job you're an e that's the difference here