Kiyosaki now fears the worst crash since the Depression
By Damilola Esebame
Published on May 6, 2026.
Robert Kiyosaki, a bestselling author and renowned for predicting financial disasters, has made his boldest prediction yet in a series of posts on X from late 2025 to April 2026. He predicts a collapse rivaling the Great Depression within two years, citing soaring government debt, record consumer borrowing, and an "Everything Bubble" as the reason for this. He urges followers to hold cash and accumulate discounted assets like Bitcoin, Gold, and Silver. The potential downturn is seen as a buying opportunity rather than a reason to panic, based on his personal experience profiting during the crashes of 1987, 2000, 2008, and 2022. Total U.S. household debt reached a record $18.8 trillion in Q4 2025, and credit card balances have grown fast. Goldman Sachs CEO David Solomon has also warned of a potential 10% to 20% drawdown in equity markets within the next 12 to 24 months.
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